Quantum Corp (NASDAQ:QMCO) currently has a daily average trading volume of 2.66M but it saw 4832898 shares traded in last market. With a market cap of 326.64M USD, the company’s current market price of $67.37 came rising about 49.98 while comparing to the previous closing price of $44.92. In past 52 weeks, the stock remained buoying in the range of price level as high as $64.20 and as low as $2.22. In the recent trading on the day, stock has struck highest price mark of $43.5 while lowest mark touched by it was $71.93.
Taking a look at 20-day trading activity of Quantum Corp (QMCO) gives us an average price of $27.01, while its current price level is 4.94% below from 52-week high level whereas it is 2934.68% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $14.07 while that of 200 days or SMA-200 reads an average of $9.29. A closer look into the stock’s movement over the week reveals that its volatility is standing at 41.71% during that period while stretching the period over a month that increases to 46.33%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 73.32 which implies that the stock is in overbought territory.
B. Riley Securities downgraded its recommendation for the stock as a “Neutral” from “Buy” on February 10, 2022 while assigning a price target range of $15-$4.
Over the week, QMCO’s stock price is moving 12.25% up while it is 209.46% when we observe its performance for the past one month. Year-to-date it is 865.19% up and over the past year, the stock is showing an upside performance of 854.25%.
Currently, Quantum Corp’s total number of outstanding shares is 4.79M. Stock’s beta reads 3.47. Stock has a price to sale or P/S ratio amounts to 1.15. Its return on asset (ROA) is -35.29% on average.
