Quantum (NYSE:QTM) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday.
Separately, Zacks Investment Research lowered shares of Quantum from a “hold” rating to a “strong sell” rating in a research note on Thursday, December 7th.
Quantum (NYSE:QTM) traded up $0.10 on Tuesday, reaching $4.01. 490,929 shares of the company traded hands, compared to its average volume of 440,158. The company has a market cap of $135.57, a PE ratio of -16.04, a P/E/G ratio of 2.53 and a beta of 2.16. Quantum has a 1-year low of $3.42 and a 1-year high of $9.20. The company has a quick ratio of 0.56, a current ratio of 0.78 and a debt-to-equity ratio of -0.57.
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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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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