QUMU - Qumu Corporation: The Losing Streak Continues (QUMU)
Qumu Corporation (NASDAQ:QUMU) traded today at a new 52-week low of $2.63. This new low was reached on approximately average trading volume as 489,000 shares traded hands, while the average 30-day volume is approximately 680,000 shares.
Qumu Corporation share prices have moved between a 52-week high of $10.50 and the current low of $2.63 and are currently at $2.88 per share.
There is potential upside of 19.1% for shares of Qumu Corporation based on a current price of $2.88 and an average consensus analyst price target of $3.43.
Qumu Corp provides the software solutions to create, manage, secure, distribute and measure the success of live and on-demand video for enterprises. The Qumu platform enables global organizations to drive employee engagement, increase access to video, and modernize the workplace by providing a more efficient and effective way to share knowledge. Its geographical segments are North America, Europe, and Asia, of which the majority of its revenue comes from North America.
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