Quantum Corp (NASDAQ: QMCO): Do Not Miss The Gain Train

Quantum Corp (QMCO) concluded trading on Wednesday at a closing price of $0.68, with 9.87 million shares of worth about $6.71 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 7.25% during that period and on Wednesday the price saw a gain of about 40.23%. Currently the company’s common shares owned by public are about 93.57M shares, out of which, 80.50M shares are available for trading.

According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 12 times over the past 12 months. They bought 100,000 shares in 2 of the transactions. In 10 selling transactions, insiders dumped 317,843 shares.

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However, the stock later moved at a day high price of 0.8999, or with a gain of 40.23%. Stock saw a price change of 82.77% in past 5 days and over the past one month there was a price change of 143.61%. Year-to-date (YTD), QMCO shares are showing a performance of 95.44% which decreased to -54.53% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.24 but also hit the highest price of $1.51 during that period. The average intraday trading volume for Quantum Corp shares is 413.78K. The stock is currently trading 81.62% above its 20-day simple moving average (SMA20), while that difference is up 104.44% for SMA50 and it goes to 0.92% higher than SMA200.

Quantum Corp (NASDAQ: QMCO) currently have 93.57M outstanding shares and institutions hold larger chunk of about 57.48% of that.

The stock has a current market capitalization of $64.83M and its 3Y-monthly beta is at 2.51. It has posted earnings per share of -$0.41 in the same period. It has Quick Ratio of 0.73. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for QMCO, volatility over the week remained 26.78% while standing at 14.62% over the month.

Analysts are in expectations that Quantum Corp (QMCO) stock would likely to be making an EPS of -$0.04 in the current quarter, while forecast for next quarter EPS is $0 and it is -$0.04 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.05 which is -$0.04 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.01 in the same quarter a year ago.

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