The stock of Quantum-Si Incorporated (NASDAQ:QSI) last traded at $1.50, down -12.79% from the previous session.
QSI stock price is now 44.28% away from the 50-day moving average and 18.18% away from the 200-day moving average. The market capitalization of the company currently stands at $203.43M.
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With the price target of $3, H.C. Wainwright recently initiated with Buy rating for Quantum-Si Incorporated (NASDAQ: QSI). On September 25, 2023, Canaccord Genuity Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $3.50 to quote $2
In other news, Vieceli John S., Chief Product Officer sold 2,192 shares of the company’s stock on Sep 23 ’24. The stock was sold for $2,073 at an average price of $0.95. Upon completion of the transaction, the Chief Product Officer now directly owns 166,916 shares in the company, valued at $0.25 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 24 ’24, Chief Product Officer Vieceli John S. sold 2,117 shares of the business’s stock. A total of $1,970 was realized by selling the stock at an average price of $0.93. This leaves the insider owning 164,799 shares of the company worth $0.25 million. A total of 31.66% of the company’s stock is owned by insiders.
During the past 12 months, Quantum-Si Incorporated has had a low of $0.61 and a high of $2.58. As of last week, the company has a debt-to-equity ratio of 0.07, a current ratio of 13.42, and a quick ratio of 13.15. The fifty day moving average price for QSI is $1.02726 and a two-hundred day moving average price translates $1.271025 for the stock.
The latest earnings results from Quantum-Si Incorporated (NASDAQ: QSI) was released for 2024-09-30. The net profit margin was -3968.84% and return on equity was -35.79% for QSI. The company reported revenue of $0.79 million for the quarter, compared to $0.22 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 252.91 percent. For the current quarter, analysts expect QSI to generate $1.29M in revenue.
