Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price gain of 106.28% this year. Over the last six months, there has been a stronger performance of -4.01%. The price of QMCO fallen by 5.54% during the last 30 days period. For the last 5-days stocks have improved 35.19%.
Quantum Corp had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $1.32 on 06/05/23, while the lowest price during the same period was $0.24 on 12/12/23.
52-week price history of QMCO Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Quantum Corp’s current trading price is -45.36% away from its 52-week high, while its distance from the 52-week low is 199.96%. The stock’s price range over this timeframe has been between $0.24 and $1.32. The shares of the Technology sector company recorded a trading volume of approximately 0.95 million for the day, which was comparatively higher than the average daily volume of 0.51 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Quantum Corp (QMCO) has experienced a quarterly rise of 157.94% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 68.42M and boasts a workforce of 850 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.3949, with a change in price of +0.2099. Similarly, Quantum Corp recorded 497,455 in trading volume during the last 100 days, posting a change of +41.16%.
QMCO Stock Stochastic Average
Quantum Corp’s raw stochastic average for the past 50 days is currently at 71.73%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 94.12%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 66.20% and 45.34%, respectively.
