In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Quantum Corp (NASDAQ: QMCO) closed the day trading at $18.90 down -5.03% from the previous closing price of $19.90. In other words, the price has decreased by -$5.03 from its previous closing price. On the day, 0.83 million shares were traded. QMCO stock price reached its highest trading level at $21.25 during the session, while it also had its lowest trading level at $18.5001.
Ratios:
For a better understanding of QMCO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.81.
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 Feb 03 ’25 when Gianella Kenneth P. sold 1,279 shares for $21.53 per share. The transaction valued at 27,536 led to the insider holds 32,402 shares of the business.
Lerner James J sold 2,511 shares of QMCO for $89,592 on Jan 16 ’25. The President & CEO now owns 107,804 shares after completing the transaction at $35.68 per share. On Jan 16 ’25, another insider, Spanjaard Henk Jan, who serves as the Chief Revenue Officer of the company, sold 935 shares for $35.68 each. As a result, the insider received 33,361 and left with 14,903 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 110201176 and an Enterprise Value of 114748064. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39. Its current Enterprise Value per Revenue stands at 0.395 whereas that against EBITDA is -3.815.
Stock Price History:
The Beta on a monthly basis for QMCO is 3.01, which has changed by 0.96875 over the last 52 weeks, in comparison to a change of 0.19995654 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 -38.73%, while the 200-Day Moving Average is calculated to be 50.23%.
Shares Statistics:
Over the past 3-months, QMCO traded about 3.66M shares per day on average, while over the past 10 days, QMCO traded about 964210 shares per day. A total of 4.79M shares are outstanding, with a floating share count of 4.38M. Insiders hold about 24.87% of the company’s shares, while institutions hold 37.93% stake in the company. Shares short for QMCO as of 1730332800 were 188349 with a Short Ratio of 0.38, compared to 1727654400 on 227985. Therefore, it implies a Short% of Shares Outstanding of 188349 and a Short% of Float of 5.59.
