Quantum-Si incorporated (NASDAQ:QSI) shares traded -6.03% lower at $2.18 on Wall Street last session.
In accordance with the data, 1 analysts cover Quantum-Si incorporated (NASDAQ:QSI). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $3.50 and a low of $3.50, we find $3.50. Given the previous closing price of $2.32, this indicates a potential upside of 50.86 percent. QSI stock price is now -3.99% away from the 50-day moving average and 4.11% away from the 200-day moving average. The market capitalization of the company currently stands at $321.66M.
It has been rated a hold by 0 analysts and a buy by 1. Brokers who have rated the stock have averaged $3.50 as their price target over the next twelve months.
With the price target of $13, Canaccord Genuity recently initiated with Buy rating for Quantum-Si incorporated (NASDAQ: QSI).
In other news, LaPointe Christian, General Counsel & Corp. Secr. bought 20,000 shares of the company’s stock on Mar 15. The stock was bought for $35,400 at an average price of $1.77. Upon completion of the transaction, the General Counsel & Corp. Secr. now directly owns 247,693 shares in the company, valued at $0.54 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 15, Director RAKIN KEVIN sold 89,000 shares of the business’s stock. A total of $191,234 was realized by selling the stock at an average price of $2.15. This leaves the insider owning 1,801,000 shares of the company worth $3.93 million. Insiders disposed of 690,000 shares of company stock worth roughly $1.5 million over the past 1 year. A total of 0.20% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in QSI stock. A new stake in Quantum-Si incorporated shares was purchased by BRIDGEWAY CAPITAL MANAGEMENT, LLC during the first quarter worth $669,000. JANE STREET GROUP, LLC invested $286,000 in shares of QSI during the first quarter. In the first quarter, POINT72 ASSET MANAGEMENT, L.P. acquired a new stake in Quantum-Si incorporated valued at approximately $66,000. Y-INTERCEPT (HONG KONG) LTD acquired a new stake in QSI for approximately $45,000. DYNAMIC TECHNOLOGY LAB PRIVATE LTD purchased a new stake in QSI valued at around $31,000 in the second quarter. In total, there are 134 active investors with 40.00% ownership of the company’s stock.
Quantum-Si incorporated (NASDAQ: QSI) opened at $2.3200 on Thursday. During the past 12 months, Quantum-Si incorporated has had a low of $1.36 and a high of $4.43. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 32.70, and a quick ratio of 32.50. The fifty day moving average price for QSI is $2.2824 and a two-hundred day moving average price translates $2.0915 for the stock.
The latest earnings results from Quantum-Si incorporated (NASDAQ: QSI) was released for Mar, 2023.
Quantum-Si incorporated(QSI) Company Profile
Quantum-Si incorporated, a life sciences company, engages in the development of protein detection platform to enable Next Generation Protein Sequencing (NGPS). The company’s platform is comprised of the Carbon automated sample preparation instrument; the Platinum single-molecule detection and NGPS instrument with Time-Domain Sequencing chip; the Quantum-Si Cloud data analysis software; and reagent kits for use with its instruments. The company was founded in 2013 is based in Guilford, Connecticut.
