Quantum Corp (NASDAQ:QMCO) shares, rose in value on Friday, July 11, with the stock price down by -4.00% to the previous day’s close as strong demand from buyers drove the stock to $8.65.
Actively observing the price movement in the last trading, the stock closed the session at $9.01, falling within a range of $8.5501 and $9.0386. The value of beta (5-year monthly) was 2.785. Referring to stock’s 52-week performance, its high was $90.64, and the low was $2.22. On the whole, QMCO has fluctuated by -18.47% over the past month.
With the market capitalization of Quantum Corp currently standing at about $56.46 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-12.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 280.18M, with a low estimate of 65.7M and a high estimate of 66M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 65.85M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that QMCO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of QMCO currently trading nearly -6.15% and -18.36% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.28, while the 7-day volatility ratio is showing 4.98% which for the 30-day chart, stands at 7.19%. Furthermore, Quantum Corp (QMCO)’s beta value is 2.71.
A comparison of Quantum Corp (QMCO) with its peers suggests the former has fared considerably weaker in the market. QMCO showed an intraday change of -4.00% in last session, and over the past year, it shrunk by -83.96%%.
Data on historical trading for Quantum Corp (NASDAQ:QMCO) indicates that the trading volumes over the past 10 days have averaged 1.05 and over the past 3 months, they’ve averaged 1.70 million. According to company’s latest data on outstanding shares, there are 6.53 million shares outstanding.
Nearly 8.50% of Quantum Corp’s shares belong to company insiders and institutional investors own 10.00% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.12 million shares as on 2025-06-13, resulting in a short ratio of 0.7. According to the data, the short interest in Quantum Corp (QMCO) stood at 3716.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 1.43 million. The stock has risen by 10.44% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the QMCO stock heading into the next quarter.
