Qumu (NASDAQ:QUMU) Earns Buy Rating from Analysts at Dougherty & Co
Equities research analysts at Dougherty & Co started coverage on shares of Qumu (NASDAQ:QUMU) in a note issued to investors on Wednesday, The Fly reports. The firm set a “buy” rating on the technology company’s stock.
QUMU has been the subject of a number of other reports. ValuEngine cut shares of Zumiez from a “hold” rating to a “sell” rating in a report on Thursday, March 21st. Zacks Investment Research cut shares of German American Bancorp. from a “buy” rating to a “hold” rating in a report on Tuesday, April 30th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $3.00.
QUMU stock opened at $4.40 on Wednesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.83 and a quick ratio of 0.83. Qumu has a 52-week low of $1.85 and a 52-week high of $4.78. The company’s 50-day moving average price is $3.60. The company has a market capitalization of $43.57 million, a PE ratio of -4.58 and a beta of 0.26.
Qumu Corporation provides tools to create, manage, secure, distribute, and deliver live and on-demand video content for the enterprises. It offers an end-to-end video creation, management, and delivery solution through the sale of software licenses and hardware, software on server appliance, software-enabled devices, and a cloud-hosted software-as-a-service platform.
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