Somewhat Critical News Coverage Somewhat Unlikely to Affect Quantum (QTM) Stock Price

News headlines about Quantum (NYSE:QTM) have been trending somewhat negative this week, according to Accern. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Quantum earned a coverage optimism score of -0.04 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 41.9237926421478 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the headlines that may have impacted Accern’s rankings:

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Several brokerages have commented on QTM. Zacks Investment Research raised shares of Quantum from a “sell” rating to a “hold” rating in a research note on Saturday, March 10th. ValuEngine raised shares of Quantum from a “sell” rating to a “hold” rating in a research note on Tuesday, February 13th.

NYSE:QTM traded up $0.10 during trading hours on Monday, hitting $4.04. The stock had a trading volume of 426,312 shares, compared to its average volume of 303,384. Quantum has a one year low of $3.32 and a one year high of $9.20. The company has a debt-to-equity ratio of -0.57, a quick ratio of 0.56 and a current ratio of 0.78. The company has a market capitalization of $136.62, a PE ratio of 14.96 and a beta of 2.44.

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Quantum Company Profile

Quantum Corporation provides scale-out storage, archive, and data protection solutions for small businesses and multi-national enterprises in the Americas, Europe, and the Asia Pacific. The company offers StorNext 5 software and hardware that offer file sharing and archiving in purpose-built configurations of metadata controllers, expansion appliances, and disk and archive enabled libraries; Xcellis product, which optimizes workflow and shared access by combining functions into a compact, space, and energy-saving solution; and Lattus Object Storage solutions that enable high volumes of data to be available to extract valuable information.

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