Media coverage about Qualstar (NASDAQ:QBAK) has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Qualstar earned a news impact score of 0.12 on Accern’s scale. Accern also assigned news stories about the electronics maker an impact score of 45.6313458743371 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of Qualstar (NASDAQ:QBAK) traded down $0.24 on Tuesday, reaching $7.90. 44,718 shares of the company were exchanged, compared to its average volume of 31,472. Qualstar has a twelve month low of $2.85 and a twelve month high of $13.20. The firm has a market cap of $16.62, a price-to-earnings ratio of -37.62 and a beta of 0.42.
Qualstar (NASDAQ:QBAK) last posted its quarterly earnings results on Wednesday, November 8th. The electronics maker reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $2.76 million for the quarter. Qualstar had a negative return on equity of 8.81% and a negative net margin of 4.52%.
Qualstar Corporation is a provider of data storage systems marketed under the Qualstar brand and of power solutions marketed under the N2Power brand. The Company’s segments include Power Supplies and Data Storage. Under the Power Supplies segment, it designs, manufactures and sells open frame switching power supplies.
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