Headlines about Qumu Corporation (NASDAQ:QUMU) have been trending somewhat positive on Saturday, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Qumu Corporation earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 47.4331514132722 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Separately, Zacks Investment Research upgraded shares of Qumu Corporation from a “sell” rating to a “hold” rating and set a $3.00 price target on the stock in a report on Wednesday, May 10th.
Qumu Corporation (NASDAQ:QUMU) traded up 3.00% during midday trading on Friday, reaching $2.75. 5,513 shares of the company’s stock traded hands. The stock’s market cap is $25.85 million. Qumu Corporation has a 52-week low of $1.80 and a 52-week high of $3.77. The company’s 50-day moving average price is $2.74 and its 200-day moving average price is $2.63.
Qumu Corporation (NASDAQ:QUMU) last released its quarterly earnings data on Tuesday, August 1st. The technology company reported ($0.28) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.32) by $0.04. Qumu Corporation had a negative net margin of 29.95% and a negative return on equity of 53.09%. The business had revenue of $6.65 million during the quarter, compared to analyst estimates of $7.06 million. During the same period last year, the business earned ($0.46) EPS. Qumu Corporation’s revenue was up 2.0% compared to the same quarter last year. On average, equities analysts predict that Qumu Corporation will post ($0.99) EPS for the current fiscal year.
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Qumu Corporation Company Profile
Qumu Corporation (Qumu) is an enterprise video content management software company. The Company is engaged in providing tools businesses need to create, manage, secure, deliver and measure their videos. The Company operates through the enterprise video content management software business segment. Its video content management software solutions allow organizations to create, capture, organize and deliver content across the extended enterprise to a range of end points, including mobile devices and thick or thin clients.
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