Quantum Corp (QMCO) volume exceeds 3.31 million: A new investment opportunity for investors

On Monday, Quantum Corp (NASDAQ: QMCO) was 2.26% up from the session before settling in for the closing price of $46.00. A 52-week range for QMCO has been $2.22 – $64.20.

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

Technology Sector giant saw their annual sales slid by -3.90% over the last five years. 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 firm has a total of 770 workers. Let’s measure their productivity. In terms of profitability, gross margin is 39.24%, operating margin of -1.07%, and the pretax margin is -22.05%.

Quantum Corp (QMCO) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Quantum Corp stocks. The insider ownership of Quantum Corp is 14.93%, 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) Recent Fiscal highlights

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

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 1.02.

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)

Analysing the last 5-days average volume posted by the [Quantum Corp, QMCO], we can find that recorded value of 9.1 million was better than the volume posted last year of 0.7 million. As of the previous 9 days, the stock’s Stochastic %D was 56.62%. Additionally, its Average True Range was 9.29.

During the past 100 days, Quantum Corp’s (QMCO) raw stochastic average was set at 72.31%, which indicates a significant increase from 67.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 474.02% in the past 14 days, which was higher than the 299.02% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.98, while its 200-day Moving Average is $8.83. Now, the first resistance to watch is $51.81. This is followed by the second major resistance level at $56.57. The third major resistance level sits at $60.63. If the price goes on to break the first support level at $42.99, it is likely to go to the next support level at $38.93. Now, if the price goes above the second support level, the third support stands at $34.17.

Quantum Corp (NASDAQ: QMCO) Key Stats

There are 4,848K outstanding shares of the company, which has a market capitalization of 291.18 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.