Quantum (QTM) Earns Daily Media Sentiment Rating of 0.16
Media headlines about Quantum (NYSE:QTM) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Quantum earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 44.625879523299 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Quantum (NYSE QTM) traded up $0.28 on Wednesday, reaching $5.91. 337,900 shares of the company were exchanged, compared to its average volume of 314,950. Quantum has a one year low of $4.11 and a one year high of $9.20. The company has a market cap of $210.47, a price-to-earnings ratio of -23.64, a price-to-earnings-growth ratio of 3.52 and a beta of 2.17. The company has a quick ratio of 0.56, a current ratio of 0.78 and a debt-to-equity ratio of -0.57.
Quantum (NYSE:QTM) last announced its quarterly earnings data on Thursday, November 9th. The technology company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.13). Quantum had a negative net margin of 1.77% and a negative return on equity of 7.26%. The company had revenue of $107.10 million for the quarter, compared to the consensus estimate of $122.20 million. During the same quarter in the previous year, the business earned $0.02 EPS. The company’s quarterly revenue was down 20.5% compared to the same quarter last year. equities analysts predict that Quantum will post 0.08 EPS for the current year.
Quantum Company Profile
Quantum Corporation focuses on scale-out storage, archive and data protection, providing solutions for capturing, sharing, managing and preserving digital assets over the entire data lifecycle. The Company’s end-to-end tiered storage solutions enable users to maximize the value of their data by making it accessible whenever and wherever needed, retaining it indefinitely and reducing total cost and complexity.
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