Quantum Corp (NASDAQ:QMCO) traded at $9.61 at close of the session on Friday, June 20 and made an upward move of 8.43% on its previous day’s price.
Looking at the stock we see that its previous close was $19.00 and the beta (5Y monthly) reads 2.785 with the day’s price range being $8.21 – $10.06. In terms of its 52-week price range, QMCO has a high of $90.64 and a low of $2.22. The company’s stock has lost about -34.45% over that past 30 days.
Quantum Corp has a market cap of $55.02 million and is expected to release its quarterly earnings report on 2025-Feb-12.
Based on estimates by 3 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 3 have rated the Quantum Corp (QMCO) stock as a Hold, while 0 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
The beta value is -75.06%, while the average true range (ATR) is currently pointing at -90.70%. The average price target for the stock over the next 12 months is $7.5, with the estimates having a low of $7.5 and a high of $7.5. These price ends are 21.96% and 21.96% off the current price level respectively, although investors could be excited at the prospect of a 21.96% if the QMCO share price touches on the median price of $7.5.
Coming back to Quantum Corp (NASDAQ:QMCO), we note that the average 3-month trading volume was 1.70, while that of the preceding 10-day period stands at 1.89 million. Current shares outstanding are 6.53 million.
The insiders hold 8.50% of the company’s shares while institutions hold 10.00%. The data shows that short shares as of 2025-05-30, stood at 1.6 million at a short ratio of 0.62. This represents a 2809.00 short interest in shares outstanding on 2025-05-30. Shares short fall in May from the previous month at 1.71 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -45.96% down in year-to-date price movement.
