News coverage about Quantum (NYSE:QTM) has trended somewhat positive recently, according to Accern. Accern rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Quantum earned a news impact score of 0.15 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 44.7647960127588 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
Shares of Quantum (NYSE QTM) opened at $6.07 on Monday. The company has a quick ratio of 0.56, a current ratio of 0.78 and a debt-to-equity ratio of -0.57. The firm has a market cap of $210.47, a price-to-earnings ratio of -25.29, a P/E/G ratio of 3.79 and a beta of 2.17. Quantum has a one year low of $4.11 and a one year high of $9.20.
Quantum (NYSE:QTM) last issued its quarterly earnings results on Thursday, November 9th. The technology company reported ($0.14) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.13). The firm had revenue of $107.10 million for the quarter, compared to the consensus estimate of $122.20 million. Quantum had a negative net margin of 1.77% and a negative return on equity of 7.26%. The business’s revenue was down 20.5% compared to the same quarter last year. During the same period last year, the company posted $0.02 EPS. analysts forecast that Quantum will post 0.08 EPS for the current year.
Separately, Zacks Investment Research downgraded shares of Quantum from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 7th.
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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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