Q.E.P. (OTCMKTS:QEPC) Share Price Passes Below Fifty Day Moving Average of $21.00

Q.E.P. Co., Inc. (OTCMKTS:QEPC) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $21.00 and traded as low as $18.50. Q.E.P. shares last traded at $18.50, with a volume of 100 shares traded.

The business’s 50-day moving average price is $20.90 and its 200 day moving average price is $22.99. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.59 and a current ratio of 1.38.

Q.E.P. (OTCMKTS:QEPC) last posted its quarterly earnings results on Wednesday, July 10th. The company reported ($1.02) earnings per share (EPS) for the quarter. The company had revenue of $98.24 million during the quarter. Q.E.P. had a negative net margin of 1.46% and a negative return on equity of 7.46%.

About Q.E.P. (OTCMKTS:QEPC)

Q.E.P. Co, Inc manufactures, markets, and distributes a range of hardwood and laminate flooring, flooring installation tools, adhesives, and flooring related products for the professional installation and do-it-yourself markets. It operates in three segments: North America, Europe, and Australia/New Zealand.

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