Qualstar Corporation (OTCMKTS:QBAKD – Get Free Report)’s stock price was up 1.3% during trading on Friday . The company traded as high as $3.05 and last traded at $3.05. Approximately 292 shares changed hands during trading, a decline of 90% from the average session volume of 2,925 shares. The stock had previously closed at $3.01.
Qualstar Trading Up 1.3%
The company has a fifty day moving average of $2.98 and a 200-day moving average of $3.87. The stock has a market cap of $5.75 million, a PE ratio of 101.67 and a beta of 0.18.
About Qualstar
Qualstar Corporation is a designer and manufacturer of automated magnetic tape library and data storage products. The company’s offerings include modular tape library modules, standalone autoloaders, and multi-frame library systems that integrate with a variety of tape media standards such as LTO, DLT and SDLT. Qualstar’s solutions leverage robotic tape handling to deliver high-capacity, reliable and cost-effective backup and archival storage for data centers.
These tape library systems are engineered for scalability, allowing organizations to expand storage capacity incrementally as data retention needs grow.
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