A new trading day began on Monday, with Quantum Corp (NASDAQ: QMCO) stock price up 138.44% from the previous day of trading, before settling in for the closing price of $9.13. QMCO’s price has ranged from $2.22 to $18.00 over the past 52 weeks.
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During the last 5-year period, the sales drop of Technology Sector giant was -3.90%. Meanwhile, its annual earnings per share averaged 18.53%. With a float of $1.04 million, this company’s outstanding shares have now reached $4.79 million.
Let’s determine the extent of company efficiency that accounts for 770 employees. In terms of profitability, gross margin is 39.24%, operating margin of -1.07%, and the pretax margin is -22.05%.
Quantum Corp (QMCO) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Computer Hardware Industry. The insider ownership of Quantum Corp is 78.60%, while institutional ownership is 51.52%.
Quantum Corp (QMCO) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.32 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 18.53% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to 18.45% growth over the previous five years of trading.
Quantum Corp (NASDAQ: QMCO) Trading Performance Indicators
Here are Quantum Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -13.18, a number that is poised to hit -0.83 in the next quarter and is forecasted to reach -2.08 in one year’s time.
Technical Analysis of Quantum Corp (QMCO)
Looking closely at Quantum Corp (NASDAQ: QMCO), its last 5-days average volume was 14.49 million, which is a jump from its year-to-date volume of 0.35 million. As of the previous 9 days, the stock’s Stochastic %D was 70.55%. Additionally, its Average True Range was 2.35.
During the past 100 days, Quantum Corp’s (QMCO) raw stochastic average was set at 76.49%, which indicates a significant increase from 75.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 516.13% in the past 14 days, which was higher than the 229.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.37, while its 200-day Moving Average is $7.54. However, in the short run, Quantum Corp’s stock first resistance to watch stands at $28.53. Second resistance stands at $35.30. The third major resistance level sits at $42.81. If the price goes on to break the first support level at $14.25, it is likely to go to the next support level at $6.74.
Quantum Corp (NASDAQ: QMCO) Key Stats
With a market capitalization of 239.74 million, the company has a total of 4,848K Shares Outstanding. Currently, annual sales are 311,600 K while annual income is -41,290 K. The company’s previous quarter sales were 70,470 K while its latest quarter income was -13,530 K.
