Q.E.P. (OTCMKTS:QEPC) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Shares of Q.E.P. Co. (OTCMKTS:QEPCGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $37.83 and traded as low as $37.75. Q.E.P. shares last traded at $38.00, with a volume of 2,683 shares changing hands.

Q.E.P. Stock Performance

The company’s 50-day moving average price is $38.81 and its 200-day moving average price is $37.85. The firm has a market capitalization of $130.33 million, a PE ratio of 11.33 and a beta of -0.08.

Q.E.P. (OTCMKTS:QEPCGet Free Report) last issued its earnings results on Wednesday, January 14th. The company reported $1.08 earnings per share for the quarter. The business had revenue of $59.10 million for the quarter. Q.E.P. had a return on equity of 17.17% and a net margin of 6.42%.

Q.E.P. Company Profile

(Get Free Report)

Q.E.P. Co, Inc (OTCMKTS: QEPC) is a manufacturer and distributor of flooring installation products and related accessories. The company’s product offerings include tile installation systems, grout, adhesives, and a range of hand and power tools designed for use by professional contractors and do-it-yourself consumers. Q.E.P. also provides flooring maintenance and cleaning solutions to support its core installation portfolio.

Operating through a network of home improvement retailers, specialty distributors and e-commerce partners, Q.E.P.

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