In Wednesday’s Wall Street session, Quantum-Si Incorporated (NASDAQ:QSI) shares traded at $1.91, down -0.52% from the previous session.
QSI stock price is now -12.35% away from the 50-day moving average and 39.25% away from the 200-day moving average. The market capitalization of the company currently stands at $347.17M.
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With the price target of $3.75, Alliance Global Partners recently initiated with Buy rating for Quantum-Si Incorporated (NASDAQ: QSI). On December 08, 2023, H.C. Wainwright recently initiated its ‘Buy’ rating on the stock quoting a target price of $3, while ‘Canaccord Genuity’ rates the stock as ‘Hold’
In other news, ROTHBERG JONATHAN M, Director sold 3,506,267 shares of the company’s stock on Dec 27 ’24. The stock was sold for $11,716,735 at an average price of $3.34. Upon completion of the transaction, the Director now directly owns 1,250,000 shares in the company, valued at $2.39 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 27 ’24, Director ROTHBERG JONATHAN M bought 3,506,267 shares of the business’s stock. A total of $11,716,541 was incurred on buying the stock at an average price of $3.34. A total of 24.87% 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 $5.77. 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 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.
