A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Quantum Corp’s current trading price is -62.15% away from its 52-week high, while its distance from the 52-week low is 462.61%. The stock’s price range for this time frame has been between $2.22 and $33.00. The trading volume of the company’s shares in the Technology reached around 3.27 million for the day, which was evidently higher than the average daily volume of 1.51 million over the last three months.
Quantum Corp’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $33.00 on 11/26/24, with the lowest value being $2.22 on 09/06/24.
How Financial Performance Impacts Market Capitalization
Quantum Corp (QMCO) has experienced a quarterly rise of 333.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 59.03M and boasts a workforce of 770 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.45, with a change in price of +3.87. Similarly, Quantum Corp recorded 1,013,982 in trading volume during the last 100 days, posting a change of +44.86%.
QMCO Stock Stochastic Average
Quantum Corp’s raw stochastic average for the past 50 days is currently at 31.91%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 31.91%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 43.29% and 47.19%, respectively.
QMCO Stock Price Performance Analysis
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. Year to date metric has recorded a gain of 78.94%.However, over the last six months, we can see a weaker performance of 28.92%. Over the last 30 days, the price of QMCO has fallen by 189.79%. And in the last five days, it has surged by 36.80%.
