Quantum Corp (NASDAQ: QMCO) kicked off on Monday, up 40.09% from the previous trading day, before settling in for the closing price of $15.34. Over the past 52 weeks, QMCO has traded in a range of $2.22-$90.64.
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A company in the Technology sector has dropped its sales by -3.90% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 10.86%. With a float of $4.90 million, this company’s outstanding shares have now reached $5.31 million.
In an organization with 770 employees, it is important to assess its efficiency. 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 Updates
Our next focus will be how large-scale investors are participating in this stock of the Computer Hardware Industry. The insider ownership of Quantum Corp is 16.02%, 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) Performance Highlights and Predictions
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
Take a look at Quantum Corp’s (QMCO) current performance indicators. Last quarter, stock had a quick ratio of 0.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.44.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 3.59 million. That was better than the volume of 1.57 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 82.94%. Additionally, its Average True Range was 2.92.
During the past 100 days, Quantum Corp’s (QMCO) raw stochastic average was set at 21.21%, which indicates a significant decrease from 99.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 203.26% in the past 14 days, which was lower than the 335.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.85, while its 200-day Moving Average is $13.19. However, in the short run, Quantum Corp’s stock first resistance to watch stands at $23.49. Second resistance stands at $25.50. The third major resistance level sits at $29.40. If the price goes on to break the first support level at $17.58, it is likely to go to the next support level at $13.68. Assuming the price breaks the second support level, the third support level stands at $11.67.
Quantum Corp (NASDAQ: QMCO) Key Stats
The company with the Market Capitalisation of 125.38 million has total of 5,834K Shares Outstanding. Its annual sales at the moment are 311,600 K in contrast with the sum of -41,290 K annual income. Company’s last quarter sales were recorded 72,550 K and last quarter income was -71,430 K.
