Qumu (QUMU) Lifted to “Buy” at ValuEngine

Qumu (NASDAQ:QUMU) was upgraded by ValuEngine from a “hold” rating to a “buy” rating in a research report issued on Thursday, March 21st, ValuEngine reports.

A number of other research analysts have also commented on the company. Craig Hallum upgraded Qumu from a “hold” rating to a “buy” rating in a research note on Wednesday, March 6th. Zacks Investment Research upgraded Qumu from a “hold” rating to a “buy” rating and set a $2.25 price target on the stock in a research report on Wednesday, January 9th.

Shares of QUMU stock traded down $0.05 during trading hours on Thursday, reaching $2.74. 2,100 shares of the company’s stock were exchanged, compared to its average volume of 12,908. Qumu has a fifty-two week low of $1.60 and a fifty-two week high of $3.15. The firm has a market cap of $28.71 million, a PE ratio of -2.85 and a beta of -0.07. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.50.

Qumu (NASDAQ:QUMU) last issued its quarterly earnings results on Tuesday, March 5th. The technology company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.06. Qumu had a negative return on equity of 58.61% and a negative net margin of 14.46%. As a group, equities analysts predict that Qumu will post -0.46 EPS for the current fiscal year.

Qumu Company Profile

Qumu Corporation provides tools to create, manage, secure, distribute, and deliver live and on-demand video content for the enterprises. It offers Qumu Qx Enterprise Video Platform, 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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