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 -28.35% away from its 52-week high, while its distance from the 52-week low is 1972.07%. The stock’s price range for this time frame has been between $2.22 and $64.20. The trading volume of the company’s shares in the Technology reached around 7.48 million for the day, which was evidently higher than the average daily volume of 2.47 million over the last three months.
Quantum Corp had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $64.20 on 12/18/24, while the lowest price during the same period was $2.22 on 09/06/24.
How Financial Performance Impacts Market Capitalization
Quantum Corp (QMCO) has experienced a quarterly rise of 1315.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 284.75M 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 7.64, with a change in price of +38.49. Similarly, Quantum Corp recorded 1,675,366 in trading volume during the last 100 days, posting a change of +512.52%.
QMCO Stock Stochastic Average
Quantum Corp’s raw stochastic average for the past 50 days is currently at 70.32%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 69.67%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 72.26% and 73.68%, respectively.
QMCO Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The metric has seen a significant gain of 559.03% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 440.67%. Over the past 30 days, the price of QMCO has fallen by 1423.18%. And in the last five days, it has surged by 155.98%.
