Qumu (QUMU) Stock Rating Reaffirmed by LADENBURG THALM/SH SH

LADENBURG THALM/SH SH reaffirmed their hold rating on shares of Qumu (NASDAQ:QUMU) in a research report report published on Friday.

Separately, Zacks Investment Research cut shares of Qumu from a buy rating to a hold rating in a research note on Wednesday, October 10th.

QUMU stock traded up $0.02 during midday trading on Friday, hitting $2.60. The stock had a trading volume of 43,559 shares, compared to its average volume of 16,787. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.84. Qumu has a 12-month low of $1.42 and a 12-month high of $3.15.

Qumu (NASDAQ:QUMU) last released its earnings results on Wednesday, October 31st. The technology company reported ($0.30) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.37). The firm had revenue of $5.65 million during the quarter. Qumu had a negative return on equity of 81.43% and a negative net margin of 27.26%. On average, sell-side analysts anticipate that Qumu will post -0.77 earnings per share for the current fiscal year.

Qumu Company Profile

Qumu Corporation provides tools to create, manage, secure, distribute, and deliver live and on-demand video content for the enterprises. It offers Qumu Qx Enterprise Video Platform, 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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