Quantum Corp (QMCO) concluded trading on Wednesday at a closing price of $13.98, with 5.98 million shares of worth about $83.67 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 247.76% during that period and on Wednesday the price saw a gain of about 14.03%. Currently the company’s common shares owned by public are about 6.53M shares, out of which, 5.97M shares are available for trading.
Stock saw a price change of 8.71% in past 5 days and over the past one month there was a price change of 21.46%. Year-to-date (YTD), QMCO shares are showing a performance of -74.07% which increased to 52.72% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.22 but also hit the highest price of $90.64 during that period. The average intraday trading volume for Quantum Corp shares is 1.62 million. The stock is currently trading 20.64% above its 20-day simple moving average (SMA20), while that difference is up 12.02% for SMA50 and it goes to -1.44% lower than SMA200.
Quantum Corp (NASDAQ: QMCO) currently have 6.53M outstanding shares and institutions hold larger chunk of about 9.99% of that.
The stock has a current market capitalization of $91.24M and its 3Y-monthly beta is at 2.80. It has posted earnings per share of -$25.68 in the same period. It has Quick Ratio of 0.30. 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 9.69% while standing at 7.86% over the month. Stock’s fiscal year EPS is expected to rise by 10.86% while it is estimated to increase by 79.40% in next year.
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.
