On Tuesday, Quantum Corp (NASDAQ: QMCO) was -16.08% drop from the session before settling in for the closing price of $29.79. 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) 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 23.32%, while institutional ownership is 46.05%. The most recent insider transaction that took place on Jan 16 ’25, was worth 89,592. In this transaction President & CEO of this company sold 2,511 shares at a rate of $35.68, taking the stock ownership to the 107,804 shares. Before that another transaction happened on Jan 16 ’25, when Company’s Chief Revenue Officer sold 935 for $35.68, making the entire transaction worth $33,361. This insider now owns 14,903 shares in total.
Quantum Corp (QMCO) Recent Fiscal highlights
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 0.50.
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 1.08 million, which is a drop from its year-to-date volume of 1.9 million. As of the previous 9 days, the stock’s Stochastic %D was 37.67%. Additionally, its Average True Range was 8.23.
During the past 100 days, Quantum Corp’s (QMCO) raw stochastic average was set at 25.76%, which indicates a significant increase from 17.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 292.81% in the past 14 days, which was lower than the 323.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.12, while its 200-day Moving Average is $12.08. However, in the short run, Quantum Corp’s stock first resistance to watch stands at $28.23. Second resistance stands at $31.47. The third major resistance level sits at $33.58. If the price goes on to break the first support level at $22.88, it is likely to go to the next support level at $20.77. Now, if the price goes above the second support level, the third support stands at $17.53.
Quantum Corp (NASDAQ: QMCO) Key Stats
There are 4,848K outstanding shares of the company, which has a market capitalization of 143.92 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.
