During the last session, Quantum Corp (NASDAQ:QMCO)’s traded shares were 3.56 million, with the beta value of the company hitting 2.86. At the end of the trading day, the stock’s price was $12.50, reflecting an intraday loss of -10.59% or -$1.48. The 52-week high for the QMCO share is $90.64, that puts it down -625.12 from that peak though still a striking 82.24% gain since the share price plummeted to a 52-week low of $2.22. The company’s market capitalization is $81.58M, and the average intraday trading volume over the past 10 days was 4.62 million shares, and the average trade volume was 1.72 million shares over the past three months.
Quantum Corp (QMCO) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.00. QMCO has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it.
Quantum Corp (NASDAQ:QMCO) trade information
Quantum Corp (QMCO) registered a -10.59% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -10.59% in intraday trading to $12.50, hitting a weekly high. The stock’s 5-day price performance is 8.60%, and it has moved by 11.51% in 30 days. Based on these gigs, the overall price performance for the year is 35.55%. The short interest in Quantum Corp (NASDAQ:QMCO) is 1.43 million shares and it means that shorts have 2.06 day(s) to cover.
The consensus price target of analysts on Wall Street is $7.5, which implies a decrease of -66.67% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7.5 and $7.5 respectively. As a result, QMCO is trading at a premium of 40.0% off the target high and 40.0% off the low.
QMCO Dividends
Quantum Corp is due to release its next quarterly earnings on 2025-Feb-11. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Quantum Corp (NASDAQ:QMCO)’s Major holders
Quantum Corp insiders own 12.44% of total outstanding shares while institutional holders control 11.34%, with the float percentage being 12.95%. NEUBERGER BERMAN GROUP LLC is the largest shareholder of the company, while 37.0 institutions own stock in it. As of 2024-06-30, the company held over 14.31 million shares (or 14.9285% of all shares), a total value of $5.85 million in shares.
The next largest institutional holding, with 10.25 million shares, is of ALLIANZ ASSET MANAGEMENT GMBH’s that is approximately 10.692% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $4.19 million.
Also, the Mutual Funds coming in first place with the largest holdings of Quantum Corp (QMCO) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund. Data provided on Mar 31, 2025 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 166.09 shares. This amounts to just over 2.39 percent of the company’s overall shares, with a $2.08 million market value. The same data shows that the other fund manager holds slightly less at 74.61, or about 1.07% of the stock, which is worth about $0.93 million.
