On Monday, Quantum Corp (NASDAQ: QMCO) was -23.92% drop from the session before settling in for the closing price of $27.47. A 52-week range for QMCO has been $2.22 – $90.64.
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
During the last 5-year period, the sales drop of Technology Sector giant was -3.90%. When this article was written, the company’s average yearly earnings per share was at 18.53%. With a float of $3.72 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Quantum Corp stocks. The insider ownership of Quantum Corp is 23.31%, while institutional ownership is 45.78%. The most recent insider transaction that took place on Jan 03 ’25, was worth 14,038,556. In this transaction 10% Owner of this company sold 228,195 shares at a rate of $61.52, taking the stock ownership to the 525,994 shares. Before that another transaction happened on Nov 08 ’24, when Company’s Chief Financial Officer sold 2,590 for $4.43, making the entire transaction worth $11,474. This insider now owns 33,910 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.
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 0.36.
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 1.82 million, which is a drop from its year-to-date volume of 1.83 million. As of the previous 9 days, the stock’s Stochastic %D was 2.18%. Additionally, its Average True Range was 10.66.
During the past 100 days, Quantum Corp’s (QMCO) raw stochastic average was set at 21.13%, which indicates a significant increase from 2.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 295.88% in the past 14 days, which was lower than the 316.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.58, while its 200-day Moving Average is $11.03. However, in the short run, Quantum Corp’s stock first resistance to watch stands at $24.17. Second resistance stands at $27.44. The third major resistance level sits at $29.87. If the price goes on to break the first support level at $18.47, it is likely to go to the next support level at $16.04. Should the price break the second support level, the third support level stands at $12.77.
Quantum Corp (NASDAQ: QMCO) Key Stats
There are 4,848K outstanding shares of the company, which has a market capitalization of 101.33 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.
