Quantum Co. (NASDAQ:QMCO – Get Free Report)’s share price traded down 3% during trading on Thursday . The stock traded as low as $3.55 and last traded at $3.55. 10,491 shares traded hands during trading, a decline of 62% from the average session volume of 27,707 shares. The stock had previously closed at $3.66.
Quantum Stock Down 3.0 %
The company’s 50-day simple moving average is $3.80 and its 200 day simple moving average is $7.23. The stock has a market capitalization of $340.27 million, a price-to-earnings ratio of -8.66 and a beta of 2.80.
Quantum (NASDAQ:QMCO – Get Free Report) last released its earnings results on Tuesday, August 13th. The company reported ($40.00) earnings per share for the quarter, missing analysts’ consensus estimates of ($12.00) by ($28.00). The business had revenue of $71.34 million for the quarter, compared to analysts’ expectations of $72.00 million. On average, equities analysts expect that Quantum Co. will post -3.4 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Quantum
Quantum Company Profile
Quantum Corporation provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Myriad All-Flash File and Object Storage Software for high performance enterprise unstructured data applications such as AI, machine learning, and data analytics; Unified Surveillance Platform Software that unified compute and storage for video surveillance recording, storage, and analytics; StorNext Hybrid Flash/Disk File Storage Software for video editing, post-production, and streaming applications, as well as digital file archives; and CatDV Asset Management Software for indexing, cataloging, enriching video, audio, and image files, and workflow orchestration.
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