Quantum Corp (NASDAQ:QMCO) currently has a daily average trading volume of 1.17M but it saw 1562445 shares traded in last market. With a market cap of 71.86M USD, the company’s current market price of $11.01 came rising about 2.99 while comparing to the previous closing price of $10.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $90.64 and as low as $2.22.
Taking a look at 20-day trading activity of Quantum Corp (QMCO) gives us an average price of $10.91, while its current price level is -87.85% below from 52-week high level whereas it is 395.95% 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 $12.66 while that of 200 days or SMA-200 reads an average of $13.95. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.64% during that period while stretching the period over a month that increases to 8.07%. 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 45.85 which implies that the stock is in neutral 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 1.29% up while it is -9.68% when we observe its performance for the past one month. Year-to-date it is -79.58% down and over the past year, the stock is showing an upside performance of 1.01%.
Currently, Quantum Corp’s total number of outstanding shares is 6.53M with 12.44% of that held by the insiders while 20.24% of its common stock has been owned by the institutions. Stock’s beta reads 2.75. Stock has a price to sale or P/S ratio amounts to 0.25. Its return on asset (ROA) is -67.92% on average.
