How Analysts Feel About Qumu Corporation (QUMU) After Touching 52 Week Low?

March 14, 2018 - By Graig Alexander

Investors sentiment increased to 0.89 in Q3 2017. Its up 0.39, from 0.5 in 2017Q2. It increased, as 4 investors sold Qumu Corporation shares while 5 reduced holdings. 3 funds opened positions while 5 raised stakes. 2.21 million shares or 3.35% less from 2.29 million shares in 2017Q2 were reported.
Teton Advsr accumulated 190,389 shares or 0.05% of the stock. Blackrock Inc invested 0% in Qumu Corporation (NASDAQ:QUMU). Royal State Bank Of Canada invested 0% of its portfolio in Qumu Corporation (NASDAQ:QUMU). Deutsche Commercial Bank Ag has 20,865 shares. Nationwide Fund Advisors holds 1,201 shares. Perkins Management stated it has 0.74% in Qumu Corporation (NASDAQ:QUMU). Barclays Public Limited Liability Company reported 0% of its portfolio in Qumu Corporation (NASDAQ:QUMU). Geode Cap Management Ltd owns 92,861 shares or 0% of their US portfolio. Bridgeway Cap Inc holds 0% or 62,300 shares. Renaissance Tech Ltd Liability holds 677,903 shares. California Employees Retirement has 0% invested in Qumu Corporation (NASDAQ:QUMU). Buckingham Asset Management Limited Company reported 32,085 shares. Vanguard Grp has invested 0% in Qumu Corporation (NASDAQ:QUMU). Northern Corporation, Illinois-based fund reported 35,245 shares. Macquarie Group Limited holds 0% or 5,954 shares in its portfolio.

The stock of Qumu Corporation (NASDAQ:QUMU) hit a new 52-week low and has $1.46 target or 3.00 % below today’s $1.51 share price. The 8 months bearish chart indicates high risk for the $14.18M company. The 1-year low was reported on Mar, 14 by If the $1.46 price target is reached, the company will be worth $425,370 less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 3.21% or $0.05 during the last trading session, reaching $1.51. About 41,434 shares traded or 32.10% up from the average. Qumu Corporation (NASDAQ:QUMU) has declined 23.14% since March 14, 2017 and is downtrending. It has underperformed by 39.84% the S&P500.

Qumu Corporation (NASDAQ:QUMU) Ratings Coverage

Among 3 analysts covering Qumu Corporation (NASDAQ:QUMU), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Qumu Corporation had 6 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by Lake Street with “Buy” on Friday, August 28. The firm has “Hold” rating by Craig Hallum given on Friday, February 16. Ladenburg Thalmann downgraded Qumu Corporation (NASDAQ:QUMU) on Monday, October 19 to “Neutral” rating. The company was upgraded on Thursday, August 27 by Zacks.

More recent Qumu Corporation (NASDAQ:QUMU) news were published by: which released: “Qumu Announces Fourth Quarter and Year-End 2017 Results” on March 06, 2018. Also published the news titled: “Qumu Appoints New Executive Vice President of Worldwide Sales and Business …” on January 08, 2018.‘s news article titled: “Craig-Hallum Downgrades Qumu Corp (QUMU) to Hold” with publication date: February 16, 2018 was also an interesting one.

Qumu Corporation engages in enterprise video content management software business. The company has market cap of $14.18 million. The companyÂ’s software applications enable businesses to create, manage, secure, deliver, and measure the success of their videos. It currently has negative earnings. It offers enterprise video content management software products 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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