The key reasons why Quantum Corp (QMCO) is -47.97% away from 52-week high?

Quantum Corp (NASDAQ: QMCO) open the trading on Thursday, with a bit cautious approach as it glided -12.44% to $17.17, before settling in for the price of $19.61 at the close. Taking a more long-term approach, QMCO posted a 52-week range of $2.22-$33.00.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was -3.90%. Meanwhile, its Annual Earning per share during the time was 18.45%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 18.53%. This publicly-traded company’s shares outstanding now amounts to $4.79 million, simultaneously with a float of $3.82 million. The organization now has a market capitalization sitting at $83.25 million. At the time of writing, stock’s 50-day Moving Average stood at $7.37, while the 200-day Moving Average is $7.91.

Quantum Corp (QMCO) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Computer Hardware industry. Quantum Corp’s current insider ownership accounts for 21.24%, in contrast to 36.87% institutional ownership. According to the most recent insider trade that took place on Nov 08 ’24, this organization’s Chief Financial Officer sold 2,590 shares at the rate of 4.43, making the entire transaction reach 11,474 in total value, affecting insider ownership by 33,910. Preceding that transaction, on Nov 08 ’24, Company’s Chief Revenue Officer sold 394 for 4.43, making the whole transaction’s value amount to 1,745. This particular insider is now the holder of 15,662 in total.

Quantum Corp (QMCO) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.32 per share during the current fiscal year.

Quantum Corp’s EPS increase for this current 12-month fiscal period is 18.53% and is forecasted to reach -2.08 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 20.00% through the next 5 years, which can be compared against the 18.45% growth it accomplished over the previous five years trading on the market.

Quantum Corp (NASDAQ: QMCO) Trading Performance Indicators

Let’s observe the current performance indicators for Quantum Corp (QMCO). It’s Quick Ratio in the last reported quarter now stands at 0.60. The Stock has managed to achieve an average true range (ATR) of 4.22. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.29.

In the same vein, QMCO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -13.18, a figure that is expected to reach -0.83 in the next quarter, and analysts are predicting that it will be -2.08 at the market close of one year from today.

Technical Analysis of Quantum Corp (QMCO)

[Quantum Corp, QMCO] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 53.18% While, its Average True Range was 4.89.

Raw Stochastic average of Quantum Corp (QMCO) in the period of the previous 100 days is set at 48.57%, which indicates a major rise in contrast to 45.03% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 528.55% that was higher than 242.87% volatility it exhibited in the past 100-days period.