10.99% volatility in Quantum-Si Incorporated (QSI) last month: This is a red flag warning

Quantum-Si Incorporated (NASDAQ: QSI) on Monday, plunged -6.52% from the previous trading day, before settling in for the closing price of $0.89. Within the past 52 weeks, QSI’s price has moved between $0.73 and $3.73.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The company achieved an average annual earnings per share of -5.88%. With a float of $96.60 million, this company’s outstanding shares have now reached $121.83 million.

Let’s look at the performance matrix of the company that is accounted for 165 employees.

Quantum-Si Incorporated (QSI) Insider Updates

Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Quantum-Si Incorporated is 31.89%, while institutional ownership is 36.20%. The most recent insider transaction that took place on Jun 24 ’24, was worth 3,790. In this transaction Chief Commercial Officer of this company sold 3,169 shares at a rate of $1.20, taking the stock ownership to the 295,940 shares. Before that another transaction happened on Jun 21 ’24, when Company’s Chief Commercial Officer sold 4,359 for $1.21, making the entire transaction worth $5,262. This insider now owns 299,109 shares in total.

Quantum-Si Incorporated (QSI) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -5.88% per share during the next fiscal year.

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

Quantum-Si Incorporated (QSI) is currently performing well based on its current performance indicators. A quick ratio of 30.03 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 91.86.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.65, a number that is poised to hit -0.18 in the next quarter and is forecasted to reach -0.81 in one year’s time.

Technical Analysis of Quantum-Si Incorporated (QSI)

Quantum-Si Incorporated (NASDAQ: QSI) saw its 5-day average volume 0.65 million, a negative change from its year-to-date volume of 0.76 million. As of the previous 9 days, the stock’s Stochastic %D was 6.23%. Additionally, its Average True Range was 0.11.

During the past 100 days, Quantum-Si Incorporated’s (QSI) raw stochastic average was set at 7.63%, which indicates a significant decrease from 9.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 97.83% in the past 14 days, which was higher than the 96.27% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.2086, while its 200-day Moving Average is $1.5588. Nevertheless, the first resistance level for the watch stands at $0.8759 in the near term. At $0.9228, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.9682. If the price goes on to break the first support level at $0.7836, it is likely to go to the next support level at $0.7382. Assuming the price breaks the second support level, the third support level stands at $0.6913.

Quantum-Si Incorporated (NASDAQ: QSI) Key Stats

Market capitalization of the company is 117.58 million based on 141,816K outstanding shares. Right now, sales total 1,080 K and income totals -95,960 K. The company made 460 K in profit during its latest quarter, and -19,470 K in sales during its previous quarter.