Qumu (QUMU) Earns Daily Coverage Optimism Score of 0.13
Media coverage about Qumu (NASDAQ:QUMU) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Qumu earned a news impact score of 0.13 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 44.2581179193408 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Qumu (NASDAQ:QUMU) traded up $0.03 during mid-day trading on Friday, hitting $2.28. 17,300 shares of the company traded hands, compared to its average volume of 36,642. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.03 and a current ratio of 1.03. Qumu has a 52 week low of $1.80 and a 52 week high of $3.28.
In other news, major shareholder Harbert Discovery Fund Gp, Llc purchased 156,709 shares of the business’s stock in a transaction on Friday, November 3rd. The shares were acquired at an average price of $2.44 per share, with a total value of $382,369.96. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder Discovery Fund Lp Harbert purchased 51,618 shares of the business’s stock in a transaction on Wednesday, November 1st. The stock was purchased at an average cost of $2.46 per share, for a total transaction of $126,980.28. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 304,927 shares of company stock worth $746,800. 11.20% of the stock is owned by insiders.
Qumu Company Profile
Qumu Corporation (Qumu) is an enterprise video content management software company. The Company is engaged in providing tools businesses need to create, manage, secure, deliver and measure their videos. The Company operates through the enterprise video content management software business segment. Its video content management software solutions allow organizations to create, capture, organize and deliver content across the extended enterprise to a range of end points, including mobile devices and thick or thin clients.
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