Quantum Corp (QMCO) recent activity suggests a positive outlook with the last week’s performance of -15.18%

On Tuesday, Quantum Corp (NASDAQ: QMCO) was 4.26% up from the session before settling in for the closing price of $11.04. 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

Annual sales at Technology sector company slipped by -3.90% over the past five years. When this article was written, the company’s average yearly earnings per share was at 10.86%. With a float of $4.89 million, this company’s outstanding shares have now reached $5.31 million.

Let’s look at the performance matrix of the company that is accounted for 770 employees. In terms of profitability, gross margin is 40.05%, operating margin of -0.42%, and the pretax margin is -43.7%.

Quantum Corp (QMCO) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Quantum Corp stocks. The insider ownership of Quantum Corp is 16.14%, while institutional ownership is 37.24%. The most recent insider transaction that took place on Feb 03 ’25, was worth 27,536. In this transaction Chief Financial Officer of this company sold 1,279 shares at a rate of $21.53, taking the stock ownership to the 32,402 shares. Before that another transaction happened on Jan 16 ’25, when Company’s President & CEO sold 2,511 for $35.68, making the entire transaction worth $89,592. This insider now owns 107,804 shares in total.

Quantum Corp (QMCO) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 10.86% 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 0.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.23.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -25.68, a number that is poised to hit -1.17 in the next quarter and is forecasted to reach -1.06 in one year’s time.

Technical Analysis of Quantum Corp (QMCO)

Quantum Corp (NASDAQ: QMCO) saw its 5-day average volume 0.49 million, a negative change from its year-to-date volume of 1.44 million. As of the previous 9 days, the stock’s Stochastic %D was 8.21%. Additionally, its Average True Range was 3.18.

During the past 100 days, Quantum Corp’s (QMCO) raw stochastic average was set at 9.83%, which indicates a significant increase from 6.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 173.17% in the past 14 days, which was lower than the 330.07% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $30.22, while its 200-day Moving Average is $13.06. Nevertheless, the first resistance level for the watch stands at $12.06 in the near term. At $12.61, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.39. If the price goes on to break the first support level at $10.73, it is likely to go to the next support level at $9.95. The third support level lies at $9.40 if the price breaches the second support level.

Quantum Corp (NASDAQ: QMCO) Key Stats

There are 5,834K outstanding shares of the company, which has a market capitalization of 67.15 million. As of now, sales total 311,600 K while income totals -41,290 K. Its latest quarter income was 72,550 K while its last quarter net income were -71,430 K.