Quantum Corp (NASDAQ: QMCO) closed the day trading at $8.28 down -6.76% from the previous closing price of $8.88. In other words, the price has decreased by -$6.76 from its previous closing price. On the day, 0.99 million shares were traded. QMCO stock price reached its highest trading level at $9.05 during the session, while it also had its lowest trading level at $8.121.
On February 10, 2022, B. Riley Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $15 to $4.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 21 ’25 when Moorehead Lewis W. sold 179 shares for $9.65 per share. The transaction valued at 1,727 led to the insider holds 24,971 shares of the business.
Lerner James J sold 2,784 shares of QMCO for $26,862 on Apr 21 ’25. The President & CEO now owns 110,848 shares after completing the transaction at $9.65 per share. On Apr 21 ’25, another insider, Cabrera Brian E, who serves as the SVP Chief Admin Ofcr & Secy of the company, sold 1,078 shares for $9.65 each. As a result, the insider received 10,401 and left with 28,736 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QMCO now has a Market Capitalization of 57544012 and an Enterprise Value of 174329168. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19. Its current Enterprise Value per Revenue stands at 0.61 whereas that against EBITDA is -5.245.
Stock Price History:
The Beta on a monthly basis for QMCO is 2.68, which has changed by 0.034999967 over the last 52 weeks, in comparison to a change of 0.17535925 over the same period for the S&P500. Over the past 52 weeks, QMCO has reached a high of $90.64, while it has fallen to a 52-week low of $2.22. The 50-Day Moving Average of the stock is -18.39%, while the 200-Day Moving Average is calculated to be -46.13%.
Shares Statistics:
Over the past 3-months, QMCO traded about 1.73M shares per day on average, while over the past 10 days, QMCO traded about 872460 shares per day. A total of 6.53M shares are outstanding, with a floating share count of 5.97M. Insiders hold about 8.50% of the company’s shares, while institutions hold 10.16% stake in the company. Shares short for QMCO as of 1752537600 were 1975418 with a Short Ratio of 1.14, compared to 1749772800 on 2115455. Therefore, it implies a Short% of Shares Outstanding of 1975418 and a Short% of Float of 34.699999999999996.
