Quantum Co. (NASDAQ:QMCO - Get Free Report)'s share price gapped up prior to trading on Thursday . The stock had previously closed at $5.03, but opened at $5.40. Quantum shares last traded at $5.57, with a volume of 13,847 shares changing hands.
Quantum Stock Up 5.2 %
The business's fifty day moving average is $3.69 and its 200-day moving average is $7.03.
Quantum (NASDAQ:QMCO - Get Free Report) last released its quarterly earnings results on Tuesday, August 13th. The company reported ($40.00) earnings per share (EPS) for the quarter, missing the consensus estimate of ($12.00) by ($28.00). The firm had revenue of $71.34 million for the quarter, compared to analysts' expectations of $72.00 million. On average, equities analysts expect that Quantum Co. will post -3.4 earnings per share for the current year.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Quantum stock. Tidal Investments LLC acquired a new position in Quantum Co. (NASDAQ:QMCO - Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 44,165 shares of the company's stock, valued at approximately $26,000. Institutional investors and hedge funds own 63.66% of the company's stock.
Quantum Company Profile
(
Get Free Report)
Quantum Corporation provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Myriad All-Flash File and Object Storage Software for high performance enterprise unstructured data applications such as AI, machine learning, and data analytics; Unified Surveillance Platform Software that unified compute and storage for video surveillance recording, storage, and analytics; StorNext Hybrid Flash/Disk File Storage Software for video editing, post-production, and streaming applications, as well as digital file archives; and CatDV Asset Management Software for indexing, cataloging, enriching video, audio, and image files, and workflow orchestration.
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