Quantum Corp [QMCO] stock is trading at $38.57, up 15.13%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The QMCO shares have gain 22.72% over the last week, with a monthly amount glided 114.64%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Quantum Corp [NASDAQ: QMCO] stock has seen the most recent analyst activity on February 10, 2022, when Oppenheimer downgraded its rating to a Perform. Previously, B. Riley Securities downgraded its rating to Neutral on February 10, 2022, and dropped its price target to $4. On March 05, 2021, Northland Capital initiated with a Outperform rating. Oppenheimer started tracking the stock assigning a Outperform rating and suggested a price target of $11 on March 04, 2021.
Quantum Corp [QMCO] stock has fluctuated between $2.22 and $90.64 over the past year. Currently, Wall Street analysts expect the stock to reach $7.5 within the next 12 months. Quantum Corp [NASDAQ: QMCO] shares were valued at $38.57 at the most recent close of the market. An investor can expect a potential drop of -80.55% based on the average QMCO price forecast.
Analyzing the QMCO fundamentals
Quantum Corp [NASDAQ:QMCO] reported sales of 285.24M for the trailing twelve months, which represents a drop of -6.89%. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.22%, and Net Profit Margin reading is -0.22%. To continue investigating profitability, this company’s Return on Assets is posted at -0.39, Equity is 0.49 and Total Capital is -0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.88.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 32.47 points at the first support level, and at 26.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 41.79, and for the 2nd resistance point, it is at 45.00.
Ratios To Look Out For
For context, Quantum Corp’s Current Ratio is 0.81. Further, the Quick Ratio stands at 0.60, while the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 0.66.
Transactions by insiders
Recent insider trading involved PACIFIC INVESTMENT MANAGEMENT, 10% Owner, that happened on Jan 03 ’25 when 0.23 million shares were sold. Chief Financial Officer, Gianella Kenneth P. completed a deal on Nov 08 ’24 to sell 2590.0 shares. Meanwhile, Chief Revenue Officer Spanjaard Henk Jan sold 394.0 shares on Nov 08 ’24.
