On Monday, Quantum Corp (NASDAQ: QMCO) was 8.65% up from the session before settling in for the closing price of $11.22. 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
A company in the Technology sector has dropped its sales by -4.89% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 10.86%. With a float of $5.50 million, this company’s outstanding shares have now reached $6.53 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Quantum Corp stocks. The insider ownership of Quantum Corp is 15.72%, while institutional ownership is 33.29%. The most recent insider transaction that took place on Apr 02 ’25, was worth 1,747. In this transaction Chief Accounting Officer of this company sold 136 shares at a rate of $12.85, taking the stock ownership to the 11,652 shares. Before that another transaction happened on Feb 03 ’25, when Company’s Chief Financial Officer sold 1,279 for $21.53, making the entire transaction worth $27,536. This insider now owns 32,402 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
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 0.28.
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 0.61 million. That was inferior than the volume of 1.51 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 36.87%. Additionally, its Average True Range was 2.17.
During the past 100 days, Quantum Corp’s (QMCO) raw stochastic average was set at 10.61%, which indicates a significant decrease from 33.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 107.01% in the past 14 days, which was lower than the 330.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.06, while its 200-day Moving Average is $13.66. However, in the short run, Quantum Corp’s stock first resistance to watch stands at $12.47. Second resistance stands at $12.75. The third major resistance level sits at $13.20. If the price goes on to break the first support level at $11.73, it is likely to go to the next support level at $11.28. Assuming the price breaks the second support level, the third support level stands at $11.00.
Quantum Corp (NASDAQ: QMCO) Key Stats
There are 6,527K outstanding shares of the company, which has a market capitalization of 79.60 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.
