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How to Buy Quantum Stock

Quantum Corp

Quantum Corporation provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Quantum stock last closed at $0.56, down 2.63% from the previous day, and has decreased 41.33% in one year. It has underperformed other stocks in the Computer Hardware industry by 1.96 percentage points. Quantum stock is currently +131.25% from its 52-week low of $0.24, and -57.86% from its 52-week high of $1.32.

As of May 17, 2024, there are 95.04M shares of QMCO outstanding. The market capitalization of QMCO is $52.75M. In the past 24 hours, 113,668 QMCO shares were traded.

How to Buy Quantum Stock

Wondering how to invest in Quantum stock? Here's how.
  1. Figure out where to buy Quantum stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy Quantum stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Choose your method of payment and add your information.
  4. Research Quantum stock: The Quantum ticker symbol is QMCO. Is Quantum stock a good investment? Should you buy shares of QMCO? How do QMCO's underlying business fundamentals look? Do top analysts think Quantum is a good buy? Why has QMCO's stock price moved recently? (Hint: Our stock market research tools can help you decide if QMCO is a good stock to buy).
  5. Place your QMCO buy order: Decide if you will purchase QMCO shares at the current market price or use a limit order to buy QMCO stock at a particular price.
  6. Get the latest news on your QMCO investment: Create a watchlist to get the latest news on your investment in Quantum stock.

Step 1: Figure out where to buy Quantum stock

You will need a brokerage account to access the NASDAQ market and buy QMCO stock.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

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Step 2: Sign up for a brokerage account

Now that you've selected the best brokerage, the next step is to fill out some personal info so you can buy QMCO stock today.

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  2. Provide your personal details to create a new brokerage account.
  1. Send your details by hitting the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you've filled out your info on apps for stock market, you can securely and quickly fund your account:

Check out the walkthrough below if you need help depositing funds into your new brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Quantum stock

Once you have figured out the best place to buy Quantum stock, it's very important to evaluate their stock before you buy, so you can wrap your head around the risk as well as the opportunity.

Quantum shares quick numbers

QMCO Price
$0.56
1w %
1.83%
1y %
-41.33%
5y %
-80.18%
P/E
-1.39x
P/B
-0.56x
P/S
0.13x
PEG
N/A
Revenue
$407.47M
Earnings
-$38.30M
Fore. Rev. Growth
9.44%
Fore. Earn. Growth
N/A
Market Cap
$52.75M
Next Earnings
Jun 27, 2024
Next Dividend
N/A

Fundamentals of Quantum

WallStreetZen was built to help everyday investors do more in-depth fundamental analysis quickly.

You can see all of the due diligence checks on QMCO's stock page.

Is QMCO stock undervalued?

Investors use many financial metrics, analyses, models, and charts to gauge QMCO's intrinsic value.

You can do additional valuation analysis on QMCO's stock here.

A look at QMCO Cashflows and Balance Sheet

Positive Health Checks:

  • QMCO profit margin has gone up from -10.2% to -9.4% in the past year.
  • QMCO has cash burn of 9047000. It has sufficient cash and short-term investments to cover this for at least one year.
  • QMCO has $25.67M in cash and short term investments. This is sufficient to cover its annual cash burn of $9.05M.
  • There are more short-term assets than short-term liabilities on the QMCO balance sheet.

Negative Health Checks:

  • Total QMCO debt is still negative.
  • QMCO debt to equity ratio of -3.24 is negative.
  • There are more long-term liabilities than short-term assets on the QMCO balance sheet.

You can dive deeper into what analysts are forecasting on the Quantum stock forecast page.

QMCO Technicals

SMA10
0.53
SMA20
0.48
SMA50
0.52
SMA100
0.46
SMA200
0.5
MACD
0.02
MACD Signal
0.01
MACD Histogram
0.01
RSI
59.42
Stochastic %K
89.35
Stochastic %D
87.66
StochRSI %K
94.12
StochRSI %D
96.76

QMCO Earnings

Last year, QMCO revenue was $407.47M. During the last five year, QMCO's revenue has increased by -1.1% per year. This was slower than the Computer Hardware industry average of 11.3%.

Find out more about QMCO's earnings and revenue performance here.

What are QMCO insiders up to?

Over the past 12 months, insiders at QMCO have sold more shares than they have bought.

Brian E. Cabrera, SVP Chief Admin Ofcr Secy of QMCO, was the latest QMCO insider to sell. They sold $2,588.58 worth of QMCO stock on Nov 2, 2023.

Dig into more about who owns QMCO shares here.

Does QMCO provide a stable income stream?

No, Quantum doesn't provide an income stream by paying out dividends.

QMCO Social Trading Data

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other traders have to say.

Step 5: Place your QMCO buy order

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific dollar amount, place a limit order.

Press the Open Trade button and your broker will execute the order.

If you need more assistance investing in stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Get the latest news on your QMCO investment

Now that you own some QMCO stock, you'll want to stay up-to-date on your company.

Add QMCO to a watchlist to track the most important metrics related to your QMCO stock.

QMCO Feed

How to Buy Stock in Quantum

To summarize, here are the 6 steps you need to take to buy Quantum stock right now:

  1. Figure out where to buy Quantum stock
  2. Sign up for a brokerage account
  3. Deposit funds into your brokerage account
  4. Research Quantum stock
  5. Place your QMCO buy order
  6. Get the latest news on your QMCO investment

If you need a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your new investment in Quantum, click below.

NASDAQ: QMCO
$0.56-0.02 (-2.63%)
Updated May 17, 2024
Open eToro Account
NASDAQ: QMCO
$0.56-0.02 (-2.63%)
Updated May 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Quantum share?

As of May 17, 2024, it costs $0.56 to buy one share of Quantum stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.28, you can buy 0.5 shares of QMCO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Quantum stock?

One way to place an order for Quantum stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.