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QMCO’s Market Ups and Downs: What’s Behind the 2023 Stock Performance?

CSCO Stock

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Until today this year the stock’s price performance recorded an increase of 211.89%. However, over the last six months, the performance has been weaker by 154.92%. The price of QMCO increased 338.91% over the last 30 days. And in the last five days, it has surged by 635.47%.

In terms of market performance, Quantum Corp had a somewhat regular. The highest value for the stock in the past year was $18.00 on 11/25/24, while the lowest value was $2.22 on 09/06/24.

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 20.96% away from its 52-week high, while its distance from the 52-week low is 880.63%. The stock’s price range over this timeframe has been between $2.22 and $18.00. The shares of the Technology sector company recorded a trading volume of approximately 31.41 million for the day, which was comparatively higher than the average daily volume of 0.68 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Quantum Corp (QMCO) has experienced a quarterly rise of 465.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 239.74M and boasts a workforce of 770 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 5.14, with a change in price of +13.92. Similarly, Quantum Corp recorded 768,984 in trading volume during the last 100 days, posting a change of +177.40%.

QMCO Stock Stochastic Average

The raw stochastic average for Quantum Corp over the last 50 days is presently at 75.86%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 75.86%. Further, the company’s Stochastic %K and %D values for the last 20 days were 65.47% and 40.92%, respectively.

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