Quantum Corp (NASDAQ: QMCO) on Monday, plunged -6.76% from the previous trading day, before settling in for the closing price of $8.88. Within the past 52 weeks, QMCO’s price has moved between $2.22 and $90.64.
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Annual sales at Technology sector company grew by 18.45% over the past five years. The company achieved an average annual earnings per share of 94.40%. With a float of $5.97 million, this company’s outstanding shares have now reached $6.53 million.
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 8.50%, while institutional ownership is 10.16%. 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 (QMCO) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 94.40% 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 0.19.
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)
Quantum Corp (NASDAQ: QMCO) saw its 5-day average volume 0.63 million, a negative change from its year-to-date volume of 1.55 million. As of the previous 9 days, the stock’s Stochastic %D was 19.63%.
During the past 100 days, Quantum Corp’s (QMCO) raw stochastic average was set at 6.01%, which indicates a significant decrease from 9.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.49 in the past 14 days, which was lower than the 1.26 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.15, while its 200-day Moving Average is $15.37. Nevertheless, the first resistance level for the watch stands at $8.85 in the near term. At $9.41, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.78. If the price goes on to break the first support level at $7.92, it is likely to go to the next support level at $7.55. Assuming the price breaks the second support level, the third support level stands at $6.99.
Quantum Corp (NASDAQ: QMCO) Key Stats
Market capitalization of the company is 54.04 million based on 6,950K 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.
