Quantum Co. (NASDAQ:QMCO – Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 26,150 shares changed hands during trading, a decline of 11% from the previous session’s volume of 29,379 shares.The stock last traded at $5.27 and had previously closed at $4.96.
Quantum Price Performance
The firm has a 50 day moving average of $3.65 and a 200-day moving average of $6.92.
Quantum (NASDAQ:QMCO – Get Free Report) last announced its quarterly earnings data on Tuesday, August 13th. The company reported ($40.00) EPS for the quarter, missing analysts’ consensus estimates of ($12.00) by ($28.00). The company had revenue of $71.34 million for the quarter, compared to analysts’ expectations of $72.00 million. As a group, analysts predict that Quantum Co. will post -3.4 earnings per share for the current year.
Hedge Funds Weigh In On Quantum
About Quantum
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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