NASDAQ:QUMUQumu Stock Price, Forecast & News

Qumu's stock was trading at $1.60 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, QUMU shares have increased by 188.8% and is now trading at $4.62.
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2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Qumu in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
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Qumu is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Qumu.

Qumu Corp (NASDAQ:QUMU) released its quarterly earnings data on Tuesday, July, 28th. The technology company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.01 by $0.07. The technology company had revenue of $9.33 million for the quarter. Qumu had a negative return on equity of 73.98% and a negative net margin of 18.47%.
View Qumu's earnings history.

Qumu issued an update on its FY 2020 After-Hours earnings guidance on Tuesday, July, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $29-29 million, compared to the consensus revenue estimate of $29.01 million.

2 brokers have issued 12-month target prices for Qumu's stock. Their forecasts range from $5.00 to $5.00. On average, they anticipate Qumu's stock price to reach $5.00 in the next year. This suggests a possible upside of 8.2% from the stock's current price.
View analysts' price targets for Qumu.

News headlines about QUMU stock have been trending extremely negative on Thursday, according to InfoTrie. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Qumu earned a news impact score of -4.1 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future.
View the latest news about Qumu.

Qumu saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 58,700 shares, an increase of 114.2% from the April 15th total of 27,400 shares. Based on an average daily trading volume, of 251,500 shares, the days-to-cover ratio is presently 0.2 days.
View Qumu's Short Interest.

Some companies that are related to Qumu include Xunlei (XNET), MiX Telematics (MIXT), Red Violet (RDVT), Smith Micro Software (SMSI), MTBC (MTBC), DIRTT Environmental (DRTT), Audioeye (AEYE), SharpSpring (SHSP), Cyren (CYRN), Inspired Entertainment (INSE), FORESIGHT AUTON/S (FRSX), Great Elm Capital Group (GEC), Datasea (DTSS), Aware (AWRE) and Astea International (ATEA).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Qumu investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Gran Tierra Energy (GTE), Transocean (RIG) and Zoetis (ZTS).

Qumu trades on the NASDAQ under the ticker symbol "QUMU."

Qumu's stock is owned by many different institutional and retail investors. Top institutional shareholders include Essex Investment Management Co. LLC (0.36%). Company insiders that own Qumu stock include Dave Ristow, Discovery Fund Lp Harbert, Edward D Horowitz, Harbert Discovery Fund Gp, Llc and Vern Hanzlik.
View institutional ownership trends for Qumu.

QUMU stock was sold by a variety of institutional investors in the last quarter, including Essex Investment Management Co. LLC.
View insider buying and selling activity for Qumu.

Shares of QUMU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of QUMU stock can currently be purchased for approximately $4.62.

Qumu has a market capitalization of $62.51 million and generates $25.36 million in revenue each year. The technology company earns $-6,440,000.00 in net income (profit) each year or ($0.46) on an earnings per share basis. Qumu employs 97 workers across the globe.

The official website for Qumu is www.qumu.com.

Qumu's mailing address is 510 1ST AVENUE NORTH SUITE 305, MINNEAPOLIS MN, 55403. The technology company can be reached via phone at 612-638-9100 or via email at [email protected]