QMCO has 36-month beta value of 3.59. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for QMCO is 1.04M, and currently, short sellers hold a 21.12% ratio of that float. The average trading volume of QMCO on December 02, 2024 was 1.51M shares.
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QMCO) stock’s latest price update
The stock of Quantum Corp (NASDAQ: QMCO) has decreased by -24.76 when compared to last closing price of 17.41.Despite this, the company has seen a gain of 43.48% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-29 that The ‘Undercovered’ Dozen highlights 12 lesser-covered stocks, showcasing diverse investment opportunities and sparking community discussion on their potential. Xinyu Ru sees Argan, Inc. as undervalued with strong growth in gas and renewable energy projects, trading at 21x 1-year forward earnings. AES Corporation’s sell-off creates a buying opportunity according to Zenzizenzike Investments due to strong fundamentals and potential upside despite renewable energy subsidy concerns.
QMCO’s Market Performance
Quantum Corp (QMCO) has seen a 43.48% rise in stock performance for the week, with a 203.94% gain in the past month and a 354.86% surge in the past quarter. The volatility ratio for the week is 89.87%, and the volatility levels for the past 30 days are at 35.51% for QMCO. The simple moving average for the past 20 days is 73.17% for QMCO’s stock, with a 71.13% simple moving average for the past 200 days.
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 142.84% 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 unable to rebound, for now settling with -60.30% of loss for the given period.
Volatility was left at 35.51%, however, over the last 30 days, the volatility rate increased by 89.87%, as shares surge +214.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +281.95% upper at present.
During the last 5 trading sessions, QMCO rose by +46.00%, which changed the moving average for the period of 200-days by +35.99% in comparison to the 20-day moving average, which settled at $7.58. In addition, Quantum Corp saw 87.68% 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 0.63. 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
To put it simply, Quantum Corp (QMCO) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.
