Quantum Corp (NASDAQ: QMCO) on Friday, plunged -8.06% from the previous trading day, before settling in for the closing price of $15.39. Within the past 52 weeks, QMCO’s price has moved between $2.22 and $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. The company achieved an average annual earnings per share of 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
Observing investor behavior towards Computer Hardware industry stocks is more important than anything else. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.44 per share during the current fiscal year.
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
Quantum Corp (QMCO) is currently performing well based on its current performance indicators. A quick ratio of 0.30 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.29.
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 1.09 million. That was inferior than the volume of 1.67 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 5.04%. Additionally, its Average True Range was 2.88.
During the past 100 days, Quantum Corp’s (QMCO) raw stochastic average was set at 12.84%, which indicates a significant decrease from 28.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 213.29% in the past 14 days, which was lower than the 336.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.03, while its 200-day Moving Average is $13.53. However, in the short run, Quantum Corp’s stock first resistance to watch stands at $14.99. Second resistance stands at $15.82. The third major resistance level sits at $16.28. If the price goes on to break the first support level at $13.69, it is likely to go to the next support level at $13.23. Assuming the price breaks the second support level, the third support level stands at $12.40.
Quantum Corp (NASDAQ: QMCO) Key Stats
Market capitalization of the company is 82.55 million based on 5,834K outstanding shares. Right now, sales total 311,600 K and income totals -41,290 K. The company made 72,550 K in profit during its latest quarter, and -71,430 K in sales during its previous quarter.
