Lake Street analyst Eric Martinuzzi maintained a Hold rating on Quantum (QMCO – Research Report) today and set a price target of $1.00. The company’s shares closed last Friday at $0.47.
According to TipRanks, Martinuzzi is a 3-star analyst with an average return of 2.5% and a 40.00% success rate. Martinuzzi covers the Technology sector, focusing on stocks such as Par Technology, Quantum, and Asure.
Quantum has an analyst consensus of Hold, with a price target consensus of $1.00.
QMCO market cap is currently $44.58M and has a P/E ratio of -1.14.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
