Q.E.P. (OTCMKTS:QEPC) Stock Price Crosses Above 50-Day Moving Average – Time to Sell?

Shares of Q.E.P. Co. (OTCMKTS:QEPC – Get Free Report) passed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $53.50 and traded as high as $53.90. Q.E.P. shares last traded at $53.90, with a volume of 202 shares changing hands.

Q.E.P. Price Performance

The company’s 50 day simple moving average is $53.53 and its 200 day simple moving average is $50.01. The firm has a market cap of $171.36 million, a price-to-earnings ratio of 16.00 and a beta of -0.23.

Q.E.P. (OTCMKTS:QEPC – Get Free Report) last announced its quarterly earnings data on Wednesday, July 15th. The company reported $1.33 earnings per share (EPS) for the quarter. The business had revenue of $60.96 million for the quarter. Q.E.P. had a return on equity of 16.07% and a net margin of 6.59%.

Q.E.P. Company Profile

(Get Free Report)

Q.E.P. Co, Inc is a manufacturer and distributor of tools, equipment and installation supplies used in the flooring industry. Its product offerings support the installation, maintenance and finishing of carpet, hardwood, laminate, vinyl, tile and other floor-covering materials.

The company’s products include flooring installation tools, adhesives, underlayments, subfloor preparation materials, transition products and related accessories. Its brands have included QEP and Roberts, which are marketed to professional contractors, flooring retailers, distributors and do-it-yourself consumers.

Q.E.P.

Further Reading

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