Quantum-Si Incorporated (QSI) stock forecast: Can it reach its 52-week high of $2.46

A share price of Quantum-Si Incorporated [QSI] is currently trading at $1.01, up 3.06%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The QSI shares have gain 14.69% over the last week, with a monthly amount drifted -10.62%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Quantum-Si Incorporated [NASDAQ: QSI] stock has seen the most recent analyst activity on December 08, 2023, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $3. Previously, Canaccord Genuity downgraded its rating to Hold on September 25, 2023, and dropped its price target to $2. On October 20, 2021, Canaccord Genuity initiated with a Buy rating and assigned a price target of $13 on the stock.

Quantum-Si Incorporated experienced fluctuations in its stock price throughout the past year between $0.73 and $2.46. Quantum-Si Incorporated [NASDAQ: QSI] shares were valued at $1.01 at the most recent close of the market.

Analyzing the QSI fundamentals

Trailing Twelve Months sales for Quantum-Si Incorporated [NASDAQ:QSI] were 1.70M which represents 203.41% growth. Gross Profit Margin for this corporation currently stands at -1.55% with Operating Profit Margin at -61.32%, Pretax Profit Margin comes in at -52.5%, and Net Profit Margin reading is -52.5%. To continue investigating profitability, this company’s Return on Assets is posted at -0.35, Equity is -0.34 and Total Capital is -0.42. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.06.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.9600 points at the first support level, and at 0.9100 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0500, and for the 2nd resistance point, it is at 1.0900.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Quantum-Si Incorporated [NASDAQ:QSI] is 20.57. As well, the Quick Ratio is 20.13, while the Cash Ratio is 5.41. Considering the valuation of this stock, the price to sales ratio is 84.58, the price to book ratio is 0.62.

Transactions by insiders

Recent insider trading involved Hawkins Jeffrey Alan, President & CEO, that happened on Aug 09 ’24 when 25000.0 shares were purchased. General Counsel & Corp. Secr., LaPointe Christian completed a deal on Aug 09 ’24 to buy 25000.0 shares. Meanwhile, Chief Financial Officer Keyes Jeffry R. bought 50000.0 shares on Aug 09 ’24.

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