Out of 4 analysts covering Quantum (NYSE:QTM), 4 rate it “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Quantum was the topic in 3 analyst reports since August 25, 2015 according to StockzIntelligence Inc. Below is a list of Quantum Corp (NYSE:QTM) latest ratings and price target changes.
29/01/2016 Broker: Craig Hallum Rating: Buy Old Target: $2.50 New Target: $2.00 Target Down
The stock increased 0.20% or $0.001 on April 8, hitting $0.565. Quantum Corp (NYSE:QTM) has declined 47.17% since September 2, 2015 and is downtrending. It has underperformed by 52.24% the S&P500.
Quantum Corporation is engaged in providing solutions in scale-out storage, archive and data protection. The company has a market cap of $149.61 million. The Firm provides solutions for capturing, sharing and preserving digital assets over the entire data lifecycle. It currently has negative earnings. The Firm provides solutions for storing and protecting information in physical, virtual and cloud environments.
The institutional sentiment decreased to 0.49 in Q3 2015. Its down 0.61, from 1.1 in 2015Q2. The ratio worsened, as 43 funds sold all Quantum Corp shares owned while 52 reduced positions. 6 funds bought stakes while 41 increased positions. They now own 182.13 million shares or 14.76% less from 213.66 million shares in 2015Q2.
Breithorn Capital Management holds 2.21% of its portfolio in Quantum Corp for 4.46 million shares. Private Capital Management Llc owns 16.65 million shares or 1.38% of their US portfolio. Moreover, Cooper Creek Partners Management Llc has 1.18% invested in the company for 1.68 million shares. The New York-based Potomac Capital Management Inc. has invested 1.04% in the stock. Frigate Ventures Lp, a Texas-based fund reported 3.01 million shares.
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