A major move is in the offing as Quantum-Si Incorporated (QSI) market cap hits 222.58 million

SQ

On Friday, Quantum-Si Incorporated (NASDAQ: QSI) opened higher 3.97% from the last session, before settling in for the closing price of $1.51. Price fluctuations for QSI have ranged from $1.12 to $3.90 over the past 52 weeks.

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Company’s average yearly earnings per share was noted -16.18% at the time writing. With a float of $97.55 million, this company’s outstanding shares have now reached $121.83 million.

Considering the fact that the conglomerate employs 165 people, you should pay attention to its efficiency factor.

Quantum-Si Incorporated (QSI) Insider Activity

A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Quantum-Si Incorporated is 31.19%, while institutional ownership is 37.07%. The most recent insider transaction that took place on Mar 15 ’24, was worth 17,400. In this transaction General Counsel & Corp. Secr. of this company bought 10,000 shares at a rate of $1.74, taking the stock ownership to the 257,693 shares. Before that another transaction happened on Mar 14 ’24, when Company’s President & CEO bought 25,000 for $1.76, making the entire transaction worth $44,000. This insider now owns 25,000 shares in total.

Quantum-Si Incorporated (QSI) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 339.65 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -16.18% per share during the next fiscal year.

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

Check out the current performance indicators for Quantum-Si Incorporated (QSI). In the past quarter, the stock posted a quick ratio of 22.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 206.09.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.68, a number that is poised to hit -0.20 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 0.74 million, its volume of 0.69 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 9.29%. Additionally, its Average True Range was 0.14.

During the past 100 days, Quantum-Si Incorporated’s (QSI) raw stochastic average was set at 18.10%, which indicates a significant decrease from 19.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.22% in the past 14 days, which was lower than the 99.11% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.7575, while its 200-day Moving Average is $1.8827. Nevertheless, the first resistance level for the watch stands at $1.6083 in the near term. At $1.6467, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.7133. If the price goes on to break the first support level at $1.5033, it is likely to go to the next support level at $1.4367. Should the price break the second support level, the third support level stands at $1.3983.

Quantum-Si Incorporated (NASDAQ: QSI) Key Stats

There are currently 141,770K shares outstanding in the company with a market cap of 222.58 million. Presently, the company’s annual sales total 1,080 K according to its annual income of -95,960 K. Last quarter, the company’s sales amounted to 400 K and its income totaled -22,050 K.