Quantum Corp (NYSE:QTM) target price raised to $0.75, issued a report today by Zacks Investment Research
- Updated: October 15, 2016
Yesterday Quantum Corp (NYSE:QTM) traded 3.14% higher at $0.74. The company’s 50-day moving average is $0.72 and its 200-day moving average is $0.55. The last closing price is up 38.68% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 362,760 shares of the stock were exchanged, down from an average trading volume of 897,031
Quantum Corp (NYSE:QTM) had its target price raised to $0.75 by Zacks Investment Research in a report released 10/12/2016. The new target price indicates a possible upside of 0.01% based on the company's last closing price.
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Quantum Corp has a 52 week low of $0.35 and a 52 week high of $1.05 The company’s market cap is currently $0.
General Information About Quantum Corp (NYSE:QTM)
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. It works with a network of distributors, value-added resellers (VARs), direct marketing resellers (DMRs), original equipment manufacturers (OEMs) and other suppliers to meet customers' evolving needs. Its scale-out storage portfolio includes StorNext software, appliances and full systems called StorNext Pro Solutions, as well as Xcellis workflow storage, QXS disk storage, Lattus extended online storage and Q-Cloud Archive and Vault services. Its StorNext offerings enable customers to manage large unstructured data sets in an information workflow.
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