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Wednesday, March 22, 2023

Value Investing Philosophy And Quantum Corporation (NASDAQ: QMCO)?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Quantum Corporation (QMCO) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.02, or 1.74%, to $1.17. The Quantum Corporation has recorded 355 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Quantum Announces Partnership with WaitTime for Real-Time Crowd Intelligence Using AI software and Video Surveillance Data.

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Stocks Info

Quantum Corporation is listed on the NASDAQ in the Technology sector while operating in the Computer Hardware industry. At the end of the last regular session, the stock closed at $1.15 and fluctuated between $1.1500 as its day high and $1.1000 as its day low. The current market capitalization of Quantum Corporation is $130.33M. A total of 0.55 million shares were traded on the day, compared to an average of 230.49K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, QMCO has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 19 BUYs and 13 SELLs from insiders. Insiders purchased 1,356,567 shares during that period but sold 277,863.

In the most recent transaction, Cabrera Brian E sold 863 shares of QMCO for 1.39 per share on Nov 02. After the transaction, the SVP Chief Admin Ofcr & Secy now owns 274,961 company shares. In a previous transaction on Oct 11, Lerner James J sold 32,888 shares at 1.15 per share. QMCO shares that President & CEO owns now total 1,894,811.

Among the insiders who sold shares, Moorehead Lewis W. disposed of 2,370 shares on Oct 11 at a per-share price of $1.15. This resulted in the Chief Accounting Officer holding 201,553 shares of QMCO after the transaction. In another insider transaction, DODSON J MICHAEL sold 11,346 shares at $1.26 per share on Oct 05. Company shares held by the Senior Vice President, CFO now total 870,372.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for QMCO in the last 3 months, the mean price target is $3.92 with high estimates of $6.00 and low estimates of $2.75. In terms of 52-week highs and lows, QMCO has a high of $2.78 and a low of $1.00.

As of this writing, QMCO has an earnings estimate of -$0.04 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of -$0.04 per share and a lower estimate of -$0.05. The company reported an EPS of -$0.01 in the last quarter, which was 50.00% higher than expectations of -$0.02.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 4 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for QMCO is Buy with a score of 4.00. A total of 2 analysts rated the stock as Buy while 0 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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