Separately, Dougherty & Co began coverage on shares of Qumu in a research report on Wednesday, July 10th. They issued a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $3.00.
Shares of QUMU stock traded down $0.02 during mid-day trading on Wednesday, reaching $3.13. The stock had a trading volume of 10,480 shares, compared to its average volume of 11,920. The company has a market cap of $29.73 million, a P/E ratio of -3.26 and a beta of 0.31. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.38. Qumu has a 12-month low of $1.85 and a 12-month high of $4.78. The business has a 50-day simple moving average of $3.29 and a 200 day simple moving average of $3.26.
Qumu Corporation provides tools to create, manage, secure, distribute, and deliver live and on-demand video content for the enterprises. It offers an end-to-end video creation, management, and delivery solution through the sale of software licenses and hardware, software on server appliance, software-enabled devices, and a cloud-hosted software-as-a-service platform.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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