A share price of Quantum Corp [QMCO] is currently trading at $14.82, up 31.62%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The QMCO shares have gain 30.00% over the last week, with a monthly amount drifted -16.79%, and not 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 experienced fluctuations in its stock price throughout the past year between $2.22 and $90.64. Currently, Wall Street analysts expect the stock to reach $7.5 within the next 12 months. Quantum Corp [NASDAQ: QMCO] shares were valued at $14.82 at the most recent close of the market. An investor can expect a potential drop of -49.39% based on the average QMCO price forecast.
Analyzing the QMCO fundamentals
Trailing Twelve Months sales for Quantum Corp [NASDAQ:QMCO] were 285.86M which represents 0.87% growth. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at -0.0%, Pretax Profit Margin comes in at -0.44%, and Net Profit Margin reading is -0.44%. To continue investigating profitability, this company’s Return on Assets is posted at -0.74, Equity is 0.82 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.05.
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 12.39 points at the first support level, and at 9.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.34, and for the 2nd resistance point, it is at 17.86.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Quantum Corp [NASDAQ:QMCO] is 0.37. As well, the Quick Ratio is 0.30, while the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 0.30.
Transactions by insiders
Recent insider trading involved Gianella Kenneth P., Chief Financial Officer, that happened on Feb 03 ’25 when 1279.0 shares were sold. President & CEO, Lerner James J completed a deal on Jan 16 ’25 to sell 2511.0 shares. Meanwhile, Chief Revenue Officer Spanjaard Henk Jan sold 935.0 shares on Jan 16 ’25.