Qumu Corporation (QUMU) Receiving Positive Press Coverage, Report Shows

Press coverage about Qumu Corporation (NASDAQ:QUMU) has been trending positive this week, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Qumu Corporation earned a media sentiment score of 0.27 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 43.8100602218812 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Shares of Qumu Corporation (NASDAQ:QUMU) traded down $0.05 during trading on Monday, reaching $2.48. 24,600 shares of the company were exchanged, compared to its average volume of 37,647. Qumu Corporation has a 12 month low of $1.80 and a 12 month high of $3.28. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.03 and a current ratio of 1.03.

In related news, major shareholder Harbert Discovery Fund Gp, Llc acquired 156,709 shares of the stock in a transaction that occurred on Friday, November 3rd. The shares were bought at an average price of $2.44 per share, for a total transaction of $382,369.96. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Discovery Fund Lp Harbert acquired 51,618 shares of the stock in a transaction that occurred on Wednesday, November 1st. The shares were bought at an average price of $2.46 per share, for a total transaction of $126,980.28. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 304,927 shares of company stock worth $746,800. 14.30% of the stock is owned by insiders.

ILLEGAL ACTIVITY NOTICE: “Qumu Corporation (QUMU) Receiving Positive Press Coverage, Report Shows” was reported by Sports Perspectives and is owned by of Sports Perspectives. If you are reading this article on another website, it was illegally copied and republished in violation of international copyright and trademark laws. The original version of this article can be viewed at https://sportsperspectives.com/2017/11/20/qumu-corporation-qumu-receiving-positive-press-coverage-report-shows.html.

About Qumu Corporation

Qumu Corporation (Qumu) is an enterprise video content management software company. The Company is engaged in providing tools businesses need to create, manage, secure, deliver and measure their videos. The Company operates through the enterprise video content management software business segment. Its video content management software solutions allow organizations to create, capture, organize and deliver content across the extended enterprise to a range of end points, including mobile devices and thick or thin clients.

Insider Buying and Selling by Quarter for Qumu Corporation (NASDAQ:QUMU)

Receive News & Ratings for Qumu Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qumu Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply