News articles about Quantum (NYSE:QTM) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Quantum earned a news impact score of 0.07 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 46.3748413788121 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
Shares of Quantum (NYSE QTM) traded down $0.02 on Wednesday, hitting $3.99. The stock had a trading volume of 318,365 shares, compared to its average volume of 436,225. The company has a market cap of $135.57, a PE ratio of -16.62, a price-to-earnings-growth ratio of 2.44 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 has a one year low of $3.42 and a one year high of $9.20.
QTM has been the subject of a number of research reports. Zacks Investment Research cut Quantum from a “hold” rating to a “strong sell” rating in a research note on Thursday, December 7th. ValuEngine upgraded Quantum from a “sell” rating to a “hold” rating in a research note on Tuesday.
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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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