Qumu (NASDAQ:QUMU) Now Covered by Dougherty & Co

Dougherty & Co began coverage on shares of Qumu (NASDAQ:QUMU) in a research note published on Wednesday, The Fly reports. The firm issued a buy rating on the technology company’s stock.

QUMU has been the topic of several other research reports. ValuEngine cut Zumiez from a hold rating to a sell rating in a report on Thursday, March 21st. Zacks Investment Research cut German American Bancorp. from a buy rating to a hold rating in a report on Tuesday, April 30th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Qumu has an average rating of Buy and a consensus target price of $3.00.

NASDAQ:QUMU opened at $4.30 on Wednesday. Qumu has a fifty-two week low of $1.85 and a fifty-two week high of $4.78. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.83 and a quick ratio of 0.83. The company has a market cap of $42.10 million, a PE ratio of -4.48 and a beta of 0.27. The company’s 50-day simple moving average is $3.62.

Qumu (NASDAQ:QUMU) last released its quarterly earnings data on Tuesday, April 30th. The technology company reported ($0.10) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.23) by $0.13. Qumu had a negative return on equity of 0.59% and a negative net margin of 0.14%. The business had revenue of $7.10 million for the quarter.

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 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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The Fly

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