On Monday, Quantum Corp (NASDAQ: QMCO) was 29.49% up from the session before settling in for the closing price of $17.97. A 52-week range for QMCO has been $2.22 – $33.00.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Technology sector saw sales slided by -3.90%. When this article was written, the company’s average yearly earnings per share was at 18.53%. With a float of $4.12 million, this company’s outstanding shares have now reached $4.79 million.
The extent of productivity of a business whose workforce counts for 770 workers is very important to gauge. 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 Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Quantum Corp stocks. The insider ownership of Quantum Corp is 21.24%, while institutional ownership is 36.87%. The most recent insider transaction that took place on Nov 08 ’24, was worth 11,474. In this transaction Chief Financial Officer of this company sold 2,590 shares at a rate of $4.43, taking the stock ownership to the 33,910 shares. Before that another transaction happened on Nov 08 ’24, when Company’s Chief Revenue Officer sold 394 for $4.43, making the entire transaction worth $1,745. This insider now owns 15,662 shares in total.
Quantum Corp (QMCO) Performance Highlights and Predictions
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
You can see what Quantum Corp (QMCO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.41.
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)
The latest stats from [Quantum Corp, QMCO] show that its last 5-days average volume of 2.82 million was superior to 0.53 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 53.69%. Additionally, its Average True Range was 4.29.
During the past 100 days, Quantum Corp’s (QMCO) raw stochastic average was set at 68.39%, which indicates a significant increase from 55.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 257.10% in the past 14 days, which was higher than the 245.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.05, while its 200-day Moving Average is $8.02. Now, the first resistance to watch is $26.41. This is followed by the second major resistance level at $29.54. The third major resistance level sits at $33.89. If the price goes on to break the first support level at $18.93, it is likely to go to the next support level at $14.58. Assuming the price breaks the second support level, the third support level stands at $11.45.
Quantum Corp (NASDAQ: QMCO) Key Stats
There are 4,848K outstanding shares of the company, which has a market capitalization of 118.08 million. As of now, sales total 311,600 K while income totals -41,290 K. Its latest quarter income was 70,470 K while its last quarter net income were -13,530 K.