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The closing price of Quantum Corp (NASDAQ: QMCO) was $53.92 for the day, down -13.26% from the previous closing price of $62.16. In other words, the price has decreased by -$13.26 from its previous closing price. On the day, 1.81 million shares were traded. QMCO stock price reached its highest trading level at $64.6799 during the session, while it also had its lowest trading level at $51.82.
Ratios:
Our analysis of QMCO’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 08 ’24 when Gianella Kenneth P. sold 2,590 shares for $4.43 per share. The transaction valued at 11,474 led to the insider holds 33,910 shares of the business.
Spanjaard Henk Jan sold 394 shares of QMCO for $1,745 on Nov 08 ’24. The Chief Revenue Officer now owns 15,662 shares after completing the transaction at $4.43 per share. On Nov 08 ’24, another insider, Lerner James J, who serves as the President & CEO of the company, sold 6,505 shares for $4.43 each. As a result, the insider received 28,817 and left with 107,491 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 261430032 and an Enterprise Value of 114748064. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.80. Its current Enterprise Value per Revenue stands at 0.395 whereas that against EBITDA is -3.815.
Stock Price History:
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 206.66%, while the 200-Day Moving Average is calculated to be 437.70%.
Shares Statistics:
QMCO traded an average of 2.92M shares per day over the past three months and 6240160 shares per day over the past ten days. A total of 4.79M shares are outstanding, with a floating share count of 4.12M. Insiders hold about 14.93% of the company’s shares, while institutions hold 36.87% stake in the company. Shares short for QMCO as of 1730332800 were 188349 with a Short Ratio of 0.30, compared to 1727654400 on 227985. Therefore, it implies a Short% of Shares Outstanding of 188349 and a Short% of Float of 5.59.
