In Thursday’s Wall Street session, Quantum-Si Incorporated (NASDAQ:QSI) shares traded at $1.31, down -5.76% from the previous session.
QSI stock price is now -24.77% away from the 50-day moving average and -1.94% away from the 200-day moving average. The market capitalization of the company currently stands at $239.92M.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
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, Hawkins Jeffrey Alan, President & CEO sold 23,707 shares of the company’s stock on Mar 21 ’25. The stock was sold for $32,846 at an average price of $1.39. Upon completion of the transaction, the President & CEO now directly owns 2,646,716 shares in the company, valued at $3.47 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 21 ’25, General Counsel & Corp. Secr. LaPointe Christian sold 4,896 shares of the business’s stock. A total of $6,783 was realized by selling the stock at an average price of $1.39. This leaves the insider owning 983,480 shares of the company worth $1.29 million. A total of 26.85% 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 0.06, a current ratio of 11.99, and a quick ratio of 11.76. The fifty day moving average price for QSI is $1.7414 and a two-hundred day moving average price translates $1.335875 for the stock.
The latest earnings results from Quantum-Si Incorporated (NASDAQ: QSI) was released for 2024-12-31. The net profit margin was -3303.04% and return on equity was -41.48% for QSI. The company reported revenue of $1.19 million for the quarter, compared to $0.4 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 198.0 percent.
