Quantum Corp (QMCO) concluded trading on Wednesday at a closing price of $0.22, with 3.33 million shares of worth about $0.73 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -47.71% during that period and on August 21, 2024 the price saw a loss of about -4.39%. Currently the company’s common shares owned by public are about 95.85M shares, out of which, 91.77M shares are available for trading.
Stock saw a price change of -24.35% in past 5 days and over the past one month there was a price change of -49.89%. Year-to-date (YTD), QMCO shares are showing a performance of -36.96% which decreased to -64.63% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.23 but also hit the highest price of $0.90 during that period. The average intraday trading volume for Quantum Corp shares is 442.35K. The stock is currently trading -34.49% below its 20-day simple moving average (SMA20), while that difference is down -44.76% for SMA50 and it goes to -48.19% lower than SMA200.
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Quantum Corp (NASDAQ: QMCO) currently have 95.85M outstanding shares and institutions hold larger chunk of about 54.78% of that.
The stock has a current market capitalization of $21.09M and its 3Y-monthly beta is at 2.84. It has posted earnings per share of -$0.55 in the same period. It has Quick Ratio of 0.59. 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 14.26% while standing at 10.60% over the month.
Stock’s fiscal year EPS is expected to rise by 62.07% while it is estimated to increase by 45.45% in next year. EPS is likely to grow at an annualized rate of 20.00% for next 5-years, compared to annual growth of 18.45% made by the stock over the past 5-years.
Coverage by B. Riley Securities stated Quantum Corp (QMCO) stock as a Neutral in their note to investors on February 10, 2022, suggesting a price target of $4 for the stock. On March 05, 2021, Northland Capital Initiated their recommendations, while on March 04, 2021, Oppenheimer Initiated their ratings for the stock with a price target of $11.
