Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Quantum Corp (NASDAQ: QMCO) closed the day trading at $15.16 down -7.56% from the previous closing price of $16.40. In other words, the price has decreased by -$7.56 from its previous closing price. On the day, 0.93 million shares were traded.
Ratios:
For a better understanding of QMCO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.30 and its Current Ratio is at 0.37.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31.
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 -51.48%, while the 200-Day Moving Average is calculated to be 16.75%.
Shares Statistics:
A total of 5.31M shares are outstanding, with a floating share count of 4.62M. Insiders hold about 20.81% of the company’s shares, while institutions hold 37.37% stake in the company.
