Qumu Corporation: The Losing Streak Continues (QUMU)

July 19, 2021 11:17:32

Shares of Qumu Corporation (NASDAQ:QUMU) traded at a new 52-week low today of $2.50. Approximately 489,000 shares have changed hands today, as compared to an average 30-day volume of 780,000 shares.

Qumu Corporation (NASDAQ:QUMU) defies analysts with a current price ($2.59) 8.1% above its average consensus price target of $2.38.

In the past 52 weeks, shares of Qumu Corporation have traded between the current low of $2.50 and a high of $10.50 and is now at $2.59.

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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