This Is Too Hot For Quantum-Si incorporated (NASDAQ: QSI), Let’s Take A Closer Look

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Quantum-Si incorporated (QSI) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.02, or -0.86%, to $2.30. The Quantum-Si incorporated has recorded 19,453 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Quantum-Si’s Platinum™ Next-Generation Protein Sequencing Instrument Wins Honorable Mention in Fast Company’s 2023 Innovation by Design Awards.

Stocks Info

As a NASDAQ listed company, QSI falls under the Healthcare sector while operating within the Biotechnology industry segment. At the end of the last regular session, the stock closed at $2.32 and fluctuated between $2.4400 as its day high and $2.2950 as its day low. The current market capitalization of Quantum-Si incorporated is $337.54M. A total of 0.89 million shares were traded on the day, compared to an average of 2.25M shares.

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, QSI has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 3 BUYs and 2 SELLs from insiders. Insiders purchased 276,128 shares during that period but sold 690,000.

In the most recent transaction, LaPointe Christian bought 20,000 shares of QSI for 1.77 per share on Mar 15. After the transaction, the General Counsel & Corp. Secr. now owns 247,693 company shares. In a previous transaction on Dec 15, RAKIN KEVIN sold 89,000 shares at 2.15 per share. QSI shares that Director owns now total 1,801,000.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for QSI in the last 3 months, the mean price target is $3.50 with high estimates of $3.50 and low estimates of $3.50. In terms of 52-week highs and lows, QSI has a high of $3.90 and a low of $1.36.

As of this writing, QSI has an earnings estimate of -$0.19 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of -$0.19 per share and a lower estimate of -$0.19. The company reported an EPS of -$0.17 in the last quarter, which was 10.50% higher than expectations of -$0.19.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. QSI’s latest balance sheet shows that the firm has $471.30M in Cash & Short Term Investments as of fiscal 2021. There were $8.08M in debt and $11.53M in liabilities at the time. Its Book Value Per Share was $2.23, while its Total Shareholder’s Equity was $477.03M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for QSI is Buy with a score of 0.00.