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The price of Quantum Corp (NASDAQ: QMCO) closed at $35.76 in the last session, down -3.87% from day before closing price of $37.20. In other words, the price has decreased by -$3.87 from its previous closing price. On the day, 1.36 million shares were traded. QMCO stock price reached its highest trading level at $41.0 during the session, while it also had its lowest trading level at $34.84.
Ratios:
We take a closer look at QMCO’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 16 ’25 when Lerner James J sold 2,511 shares for $35.68 per share. The transaction valued at 89,592 led to the insider holds 107,804 shares of the business.
Spanjaard Henk Jan sold 935 shares of QMCO for $33,361 on Jan 16 ’25. The Chief Revenue Officer now owns 14,903 shares after completing the transaction at $35.68 per share. On Jan 16 ’25, another insider, Gianella Kenneth P., who serves as the Chief Financial Officer of the company, sold 1,487 shares for $35.68 each. As a result, the insider received 53,056 and left with 33,681 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 173381632 and an Enterprise Value of 114748064. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61. 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 3.03, which has changed by 4.1085715 over the last 52 weeks, in comparison to a change of 0.24359846 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 37.19%, while the 200-Day Moving Average is calculated to be 205.92%.
Shares Statistics:
According to the various share statistics, QMCO traded on average about 3.48M shares per day over the past 3-months and 2261450 shares per day over the past 10 days. A total of 4.79M shares are outstanding, with a floating share count of 3.72M. Insiders hold about 23.32% of the company’s shares, while institutions hold 46.05% stake in the company. Shares short for QMCO as of 1730332800 were 188349 with a Short Ratio of 0.35, compared to 1727654400 on 227985. Therefore, it implies a Short% of Shares Outstanding of 188349 and a Short% of Float of 5.59.
