Shares of Qualstar Co. (OTCMKTS:QBAK – Get Free Report) were down 4% during trading on Tuesday . The company traded as low as $5.90 and last traded at $6.00. Approximately 2,498 shares traded hands during mid-day trading, a decline of 7% from the average daily volume of 2,683 shares. The stock had previously closed at $6.25.
Qualstar Price Performance
The business’s 50-day moving average price is $6.46 and its 200 day moving average price is $5.88.
About Qualstar
Qualstar Corporation engages in power solutions and data storage systems businesses worldwide. The company operates through two segments, Power Solutions and Data Storage Systems. It provides data storage systems under the Qualstar brand and power solutions under the N2Power brand. The company designs, manufactures, and sells switching power supplies that are used to convert AC line voltage to DC voltages; or DC voltages to other DC voltages for use in various electronic equipment, such as telecommunications equipment, machine tools, routers, switches, wireless systems, and gaming devices.
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