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Quantum Corporation is currently in a long term downtrend where the price is trading 8.0% below its 200 day moving average.
From a valuation standpoint, the stock is 96.0% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.0.
Quantum Corporation's total revenue sank by 5.1% to $98M since the same quarter in the previous year.
Its net income has dropped by 156.2% to $-3M since the same quarter in the previous year.
Finally, its free cash flow fell by 214.1% to $-4M since the same quarter in the previous year.
Based on the above factors, Quantum Corporation gets an overall score of 1/5.
| Exchange | NASDAQ |
|---|---|
| CurrencyCode | USD |
| ISIN | US7479066000 |
| Sector | Technology |
| Industry | Computer Hardware |
| PE Ratio | None |
|---|---|
| Target Price | 11.5 |
| Beta | 2.59 |
| Market Cap | 94M |
| Dividend Yield | None |
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 for 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, AI data, and workflow. It also provides ActiveScale Object Storage Software, a scalable and durable storage; DXi Backup Appliances to build backup appliances for backup and recovery and multisite data protection; and Scalar Tape Storage that secure storage for long term data archiving and offline data protection which are used by hyperscalers and enterprises. In addition, the company sells standalone linear-tape open tape drives for small business data protection and archiving; and linear-tape open media for use in tape storage systems. Further, it offers global support, customer support agreements, software subscriptions, installation, education, and consulting and training services; and Quantum-as-a-Service. Additionally, the company offers cloud-based analytics, standard plans, professional, managed, and storage-as-a-service. The company sells its products through a network of distributors, value-added resellers, direct marketing resellers, original equipment manufacturers, and other suppliers, as well as directly to corporate entities and government agencies. The company has a strategic partnership with Entanglement, Inc. to advance quantum logic, post-quantum security, and data sovereignty. Quantum Corporation was incorporated in 1980 and is headquartered in Centennial, Colorado.
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