In yesterday’s Wall Street session, Quantum-Si incorporated (NASDAQ:QSI) shares traded at $3.55, up 9.57% from the previous session.
1 analysts cover Quantum-Si incorporated (NASDAQ:QSI), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $4.00 and a low of $4.00, we find $4.00. Given the previous closing price of $3.24, this indicates a potential upside of 23.46 percent. QSI stock price is now 107.02% away from the 50-day moving average and 72.02% away from the 200-day moving average. The market capitalization of the company currently stands at $535.59M.
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The stock has received a hold rating from 0 analysts and a buy rating from 1. Brokers who have rated the stock have averaged $4.00 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 $0.88 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 $6.39 million. Insiders disposed of 690,000 shares of company stock worth roughly $2.45 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 $1,089,000. JANE STREET GROUP, LLC invested $465,000 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 $108,000. CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. acquired a new stake in QSI for approximately $85,000. Y-INTERCEPT (HONG KONG) LTD purchased a new stake in QSI valued at around $73,000 in the second quarter. In total, there are 141 active investors with 40.00% ownership of the company’s stock.
On Tuesday morning Quantum-Si incorporated (NASDAQ: QSI) stock kicked off with the opening price of $3.2300. 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 $1.7576 and a two-hundred day moving average price translates $2.0673 for the stock.
The latest earnings results from Quantum-Si incorporated (NASDAQ: QSI) was released for Mar, 2023. According to the Biotechnology Company, earnings per share came in at -$0.17, beating analysts’ expectations of -$0.19 by 0.02. This compares to -$0.25 EPS in the same period last year. For the current quarter, analysts expect QSI to generate $400k in revenue.
