$2.78M in average volume shows that Quantum Corp (QMCO) is heading in the right direction

On Friday, Quantum Corp (NASDAQ: QMCO) trading session started at the price of On Friday, that was 4.90% up from the session before settling in for the closing price of $67.37. A 52-week range for QMCO has been $2.22 – $71.93.

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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) Insider Activity

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) 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

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 1.26.

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 4.67 million was better than the volume posted last year of 0.75 million. As of the previous 9 days, the stock’s Stochastic %D was 74.61%. Additionally, its Average True Range was 11.59.

During the past 100 days, Quantum Corp’s (QMCO) raw stochastic average was set at 77.41%, which indicates a significant increase from 73.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 482.94% in the past 14 days, which was higher than the 304.48% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $15.41, while its 200-day Moving Average is $9.58. Now, the first resistance to watch is $85.71. This is followed by the second major resistance level at $100.74. The third major resistance level sits at $110.85. If the price goes on to break the first support level at $60.57, it is likely to go to the next support level at $50.46. Should the price break the second support level, the third support level stands at $35.43.

Quantum Corp (NASDAQ: QMCO) Key Stats

There are 4,848K outstanding shares of the company, which has a market capitalization of 359.42 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.