Is Quantum Corp (NASDAQ: QMCO) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted Quantum Announces Waiver and Amendment to Term Loan and Revolving Credit Agreements.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NASDAQ-listed company operates within the Computer Hardware industry segment, falling under the Technology sector. The current market capitalization of Quantum Corp is $60.83M. A total of 0.83 million shares were traded on the day, compared to an average of 514.68K shares.

In the most recent transaction, Cabrera Brian E sold 5,543 shares of QMCO for 0.47 per share on Nov 02 ’23. After the transaction, the SVP Chief Admin Ofcr & Secy now owns 221,887 company shares. In a previous transaction on Oct 10 ’23, Lerner James J sold 36,045 shares at 0.60 per share. QMCO shares that President & CEO owns now total 1,704,908.

Among the insiders who sold shares, Cabrera Brian E disposed of 942 shares on Oct 04 ’23 at a per-share price of $0.59. This resulted in the SVP Chief Admin Ofcr & Secy holding 227,430 shares of QMCO after the transaction. In another insider transaction, Nash Laura A. sold 888 shares at $0.59 per share on Oct 04 ’23. Company shares held by the Chief Accounting Officer now total 67,304.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, QMCO has a high of $1.32 and a low of $0.24.

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 3 estimates, with a high estimate of -$0.04 per share and a lower estimate of -$0.05.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. QMCO’s latest balance sheet shows that the firm has $5.21M in Cash & Short Term Investments as of fiscal 2022. There were $123.18M in debt and $157.81M in liabilities at the time. Its Book Value Per Share was -$1.00, while its Total Shareholder’s Equity was -$126.68M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 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 3.00.

Most Popular

Related Posts