Quantum Corp (QMCO) is -9.64% away from 50-day simple Moving Average despite all headwinds

On Friday, Quantum Corp (NASDAQ: QMCO) opened higher 10.24% from the last session, before settling in for the closing price of $7.03. Price fluctuations for QMCO have ranged from $2.22 to $90.64 over the past 52 weeks.

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 jumped its sales by 18.45% annually for the last half of the decade. Company’s average yearly earnings per share was noted 94.40% at the time writing. With a float of $6.06 million, this company’s outstanding shares have now reached $6.53 million.

Quantum Corp (QMCO) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Computer Hardware industry is another important factor to consider. The insider ownership of Quantum Corp is 7.21%, while institutional ownership is 13.55%. The most recent insider transaction that took place on Apr 21 ’25, was worth 1,727. In this transaction Chief Accounting Officer of this company sold 179 shares at a rate of $9.65, taking the stock ownership to the 24,971 shares. Before that another transaction happened on Apr 21 ’25, when Company’s President & CEO sold 2,784 for $9.65, making the entire transaction worth $26,862. This insider now owns 110,848 shares in total.

Quantum Corp (NASDAQ: QMCO) Trading Performance Indicators

Check out the current performance indicators for Quantum Corp (QMCO). In the past 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 0.18.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -25.68, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach 0.67 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 0.47 million. That was inferior than the volume of 1.43 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 44.82%.

During the past 100 days, Quantum Corp’s (QMCO) raw stochastic average was set at 14.08%, which indicates a significant decrease from 65.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.45 in the past 14 days, which was lower than the 0.85 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $8.58, while its 200-day Moving Average is $15.69. However, in the short run, Quantum Corp’s stock first resistance to watch stands at $8.02. Second resistance stands at $8.28. The third major resistance level sits at $8.80. If the price goes on to break the first support level at $7.23, it is likely to go to the next support level at $6.71. The third support level lies at $6.45 if the price breaches the second support level.

Quantum Corp (NASDAQ: QMCO) Key Stats

There are currently 6,950K shares outstanding in the company with a market cap of 50.61 million. Presently, the company’s annual sales total 311,600 K according to its annual income of -41,290 K. Last quarter, the company’s sales amounted to 72,550 K and its income totaled -71,430 K.

News Daemon
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.