Quantum Corp (QMCO)’s stock has witnessed a price hike of 124.34% from the previous close with its current price standing at $20.48. Its current price is 13.80% under its 52-week high of $18.00 and 822.60% more than its 52-week low of $2.22. Based on the past 30-day period, the stock price is -2.40% below the high and +682.81% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, QMCO’s SMA-200 is $7.54.
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Additionally, it is important to take into account QMCO stock ratios, including its price-to-sales ratio, which is 0.79 for the last tewlve months.
How does Quantum Corp (QMCO) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 2 brokerage firms that recommend the stock as a Hold. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 3.00 in simple terms.
Quantum Corp (NASDAQ: QMCO) Ownership Details
I will give a breakdown of the key shareholders in Quantum Corp (QMCO). Recent figures show that the company’s insiders hold 13.74% of shares. A total of 47 institutional investors hold shares in the company, making 47.66% of its stock and 55.25% of its float.
Sep 30, 2024, it was reported that the Company’s largest institutional holder is Neuberger Berman Group, LLC holding total of 718.21 shares that make 14.81% of the company’s total number of shares and are currently priced at 15.62 million.
The securities firm Allianz Asset Management GmbH holds 512.42 shares of QMCO, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 10.57%, and the holding percentage of shares is valued at 11.15 million.
An overview of Quantum Corp’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Quantum Corp (QMCO) traded 2,725,988 shares per day, with a moving average of $5.26 and price change of +17.22. With the moving average of $4.38 and a price change of +19.00, about 1,110,957 shares changed hands on average over the past 50 days. Finally, QMCO’s 100-day average volume is 578,815 shares, alongside a moving average of $5.15 and a price change of +14.70.
