-19.80% percent quarterly performance for Quantum-Si Incorporated (QSI) is not indicative of the underlying story

November 20, 2023, Quantum-Si Incorporated (NASDAQ: QSI) trading session started at the price of $1.65, that was -4.24% drop from the session before. During the day, the shares moved up to $1.65 and dropped to $1.55 before settling in for the closing price of $1.65. A 52-week range for QSI has been $1.12 – $3.90.

When this article was written, the company’s average yearly earnings per share was at 34.74%. With a float of $99.25 million, this company’s outstanding shares have now reached $120.01 million.

Considering the fact that the conglomerate employs 202 people, you should pay attention to its efficiency factor.

Quantum-Si Incorporated (QSI) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Quantum-Si Incorporated stocks. The insider ownership of Quantum-Si Incorporated is 29.97%, while institutional ownership is 31.75%. The most recent insider transaction that took place on Mar 15, was worth 35,400. In this transaction General Counsel & Corp. Secr. of this company bought 20,000 shares at a rate of $1.77, taking the stock ownership to the 247,693 shares. Before that another transaction happened on Dec 15, when Company’s Director sold 89,000 for $2.15, making the entire transaction worth $191,234. This insider now owns 1,801,000 shares in total.

Quantum-Si Incorporated (QSI) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 9/29/2023, it has been observed that the corporation posted -$0.17 earnings per share (EPS) during the time that was better than consensus figure (set at -$0.19) by $0.02. This company achieved a return on equity of -31.69. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.22 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 34.74% per share during the next fiscal year.

Quantum-Si Incorporated (NASDAQ: QSI) Trading Performance Indicators

You can see what Quantum-Si Incorporated (QSI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 25.66. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 329.31.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.76, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.80 in one year’s time.

Technical Analysis of Quantum-Si Incorporated (QSI)

Compared to the last year’s volume of 1.1 million, its volume of 0.96 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 63.71%. Additionally, its Average True Range was 0.14.

During the past 100 days, Quantum-Si Incorporated’s (QSI) raw stochastic average was set at 16.54%, which indicates a significant decrease from 63.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 119.91% in the past 14 days, which was lower than the 123.05% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.5515, while its 200-day Moving Average is $1.8584. Nevertheless, the first resistance level for the watch stands at $1.6367 in the near term. At $1.6933, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.7367. If the price goes on to break the first support level at $1.5367, it is likely to go to the next support level at $1.4933. Should the price break the second support level, the third support level stands at $1.4367.

Quantum-Si Incorporated (NASDAQ: QSI) Key Stats

There are 141,728K outstanding shares of the company, which has a market capitalization of 223.93 million. As of now, sales total 0 K while income totals -132,440 K. Its latest quarter income was 220 K while its last quarter net income were -24,730 K.