Colliers Securities Remains a Hold on Qumu (QUMU)

Colliers Securities analyst Steve Frankel maintained a Hold rating on Qumu (QUMUResearch Report) today. The company’s shares closed last Thursday at $2.43, close to its 52-week low of $2.40.

According to TipRanks.com, Frankel is ranked #2925 out of 7609 analysts.

Currently, the analyst consensus on Qumu is a Moderate Buy with an average price target of $6.00.

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Qumu’s market cap is currently $42.75M and has a P/E ratio of -3.10. The company has a Price to Book ratio of 3.21.

Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of QUMU in relation to earlier this year.

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Qumu Corp. engages in the provision of software applications, which create, manage, secure, distribute, and measure the success of live and on-demand video for the enterprise. It offers enterprise video content management software solutions, hardware, maintenance and support, and professional and other services. The company was founded in 1978 and is headquartered in Minneapolis, MN.