Qualstar (OTCMKTS:QBAK) Posts Quarterly Earnings Results

Qualstar (OTCMKTS:QBAK) issued its earnings results on Thursday. The company reported ($0.01) earnings per share for the quarter, Zacks reports.

Qualstar Price Performance

Shares of QBAK stock opened at $5.85 on Friday. Qualstar has a 12-month low of $3.25 and a 12-month high of $7.51. The company has a market capitalization of $8.28 million, a P/E ratio of -53.18 and a beta of 0.07. The firm has a 50-day moving average price of $5.25 and a 200 day moving average price of $4.38.

Qualstar Company Profile

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.