Quantum-Si (NASDAQ:QSI - Get Free Report) is projected to issue its quarterly earnings data after the market closes on Monday, March 3rd. Analysts expect the company to announce earnings of ($0.18) per share and revenue of $1.23 million for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.
Quantum-Si Stock Performance
Quantum-Si stock traded down $0.18 during trading hours on Friday, reaching $1.71. 8,636,309 shares of the company's stock traded hands, compared to its average volume of 9,647,014. Quantum-Si has a fifty-two week low of $0.61 and a fifty-two week high of $5.77. The firm has a market capitalization of $244.03 million, a price-to-earnings ratio of -2.67 and a beta of 2.69. The firm's 50 day moving average is $2.22 and its 200-day moving average is $1.42.
Insider Transactions at Quantum-Si
In other news, Director Jonathan M. Rothberg sold 3,506,267 shares of the stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $3.34, for a total value of $11,710,931.78. Following the completion of the sale, the director now owns 1,250,000 shares of the company's stock, valued at approximately $4,175,000. This represents a 73.72 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 30.04% of the company's stock.
Analysts Set New Price Targets
QSI has been the topic of a number of research reports. Alliance Global Partners initiated coverage on shares of Quantum-Si in a research report on Friday, February 7th. They set a "buy" rating and a $3.75 target price on the stock. Canaccord Genuity Group lowered their price target on Quantum-Si from $1.50 to $1.00 and set a "hold" rating for the company in a research note on Wednesday, November 13th. Finally, HC Wainwright reaffirmed a "buy" rating and issued a $5.50 price target on shares of Quantum-Si in a research note on Tuesday, January 14th.
Check Out Our Latest Stock Analysis on QSI
Quantum-Si Company Profile
(
Get Free Report)
Quantum-Si incorporated, a life sciences company, engages in the development of single-molecule detection platform to enable Next Generation Protein Sequencing (NGPS). The company's platform is comprised of the Platinum NGPS instrument; the Platinum Analysis Software service; and reagent kits and semiconductor chips for use with its instruments.
See Also
Before you consider Quantum-Si, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Quantum-Si wasn't on the list.
While Quantum-Si currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
