Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 19.54%.However, over the last six months, we can see a stronger performance of -33.78%. Over the last 30 days, the price of QMCO has leaped by -33.78%. And in the last five days, it has fallen by -22.44%.
Quantum Corp experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $1.32 on 06/05/23, while the lowest price for the same period was registered at $0.24 on 12/12/23.
52-week price history of QMCO Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Quantum Corp’s current trading price is -68.33% away from its 52-week high, while its distance from the 52-week low is 73.83%. The stock’s price range during this period has varied between$0.24 and $1.32. The Quantum Corp’s shares, which operate in the Technology, saw a trading volume of around 0.54 million for the day, a figure considerably higher than their average daily volume of 0.52 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Quantum Corp (QMCO) has experienced a quarterly rise of 47.58% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 39.65M and boasts a workforce of 850 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.4178, with a change in price of +0.0670. Similarly, Quantum Corp recorded 514,470 in trading volume during the last 100 days, posting a change of +19.13%.
QMCO Stock Stochastic Average
Quantum Corp’s raw stochastic average for the past 50 days is presently 11.90%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 7.53%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 11.37% and 14.18%, respectively.
