In the past week, QMCO stock has gone up by 635.47%, with a monthly gain of 338.91% and a quarterly surge of 465.45%. The volatility ratio for the week is 66.62%, and the volatility levels for the last 30 days are 28.38% for Quantum Corp The simple moving average for the past 20 days is 316.89% for QMCO’s stock, with a 188.70% simple moving average for the past 200 days.
Is It Worth Investing in Quantum Corp (NASDAQ: QMCO) Right Now?
The 36-month beta value for QMCO is at 3.00. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for QMCO is 1.04M, and currently, shorts hold a 18.11% of that float. The average trading volume for QMCO on November 26, 2024 was 681.47K shares.
QMCO) stock’s latest price update
Quantum Corp (NASDAQ: QMCO)’s stock price has surge by 138.44relation to previous closing price of 9.13. Nevertheless, the company has seen a 635.47% surge in its stock price over the last five trading sessions. youtube.com reported 2024-11-25 that Quantum Corp. (QMCO) shares hit multiple upside circuit breakers, following intense interest in the stock. Shares of QMCO doubled in Monday’s session after Amazon (AMZN) announced plans to bolster AWS with QMCO’s Quantum Embark program.
Analysts’ Opinion of QMCO
B. Riley Securities, on the other hand, stated in their research note that they expect to see QMCO reach a price target of $4, previously predicting the price at $15. The rating they have provided for QMCO stocks is “Neutral” according to the report published on February 10th, 2022.
QMCO Trading at 398.60% from the 50-Day Moving Average
After a stumble in the market that brought QMCO to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 20.96% of gains for the given period.
Volatility was left at 28.38%, however, over the last 30 days, the volatility rate increased by 66.62%, as shares surge +308.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +513.24% upper at present.
During the last 5 trading sessions, QMCO rose by +635.47%, which changed the moving average for the period of 200-days by +144.61% in comparison to the 20-day moving average, which settled at $5.22. In addition, Quantum Corp saw 211.89% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for QMCO
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.39 for the gross margin
The net margin for Quantum Corp stands at -0.22. The total capital return value is set at -0.11.
Based on Quantum Corp (QMCO), the company’s capital structure generated -4.33 points at debt to capital in total, while cash flow to debt ratio is standing at -0.13. The debt to equity ratio resting at -0.81. The interest coverage ratio of the stock is -0.17.
Currently, EBITDA for the company is -16.17 million with net debt to EBITDA at -3.16. When we switch over and look at the enterprise to sales, we see a ratio of 0.79. The receivables turnover for the company is 5.58for trailing twelve months and the total asset turnover is 1.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.81.
Conclusion
In conclusion, Quantum Corp (QMCO) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
