In a report released today, Eric Martinuzzi from Lake Street maintained a Hold rating on Quantum (QMCO – Research Report), with a price target of $1.00. The company’s shares closed yesterday at $0.48.
Martinuzzi covers the Technology sector, focusing on stocks such as Par Technology, Quantum, and Asure. According to TipRanks, Martinuzzi has an average return of 5.2% and a 44.80% success rate on recommended stocks.
Quantum has an analyst consensus of Hold, with a price target consensus of $1.00.
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QMCO market cap is currently $45.52M and has a P/E ratio of -1.16.
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Quantum (QMCO) Company Description:
Quantum Corp. engages in the manufacture of computer storage device. It provides solutions for storing and protecting information in physical, virtual and cloud environments. The company was founded by Joel N. Harrison and James M. McCoy in 1980 and is headquartered in San Jose, CA.
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