Q.E.P. (OTCMKTS:QEPC) Share Price Passes Below 200-Day Moving Average – What’s Next?

Q.E.P. Co. (OTCMKTS:QEPC)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $38.03 and traded as low as $35.90. Q.E.P. shares last traded at $36.83, with a volume of 5,524 shares.

Q.E.P. Trading Down 2.5%

The stock has a 50 day simple moving average of $37.49 and a 200-day simple moving average of $38.02. The firm has a market cap of $117.21 million, a PE ratio of 9.32 and a beta of -0.12.

Q.E.P. (OTCMKTS:QEPC) last released its quarterly earnings data on Wednesday, October 15th. The company reported $1.09 earnings per share for the quarter. Q.E.P. had a return on equity of 19.19% and a net margin of 6.86%.The firm had revenue of $57.66 million during the quarter.

About Q.E.P.

Q.E.P. Co, Inc designs, manufactures, and distributes flooring installation solutions for commercial and home improvement projects worldwide. The company’s product portfolio includes tile saws, blades, and accessories; tile cutters and accessories; hand tools; tile spacers and leveling systems; suction cups; trowels and floats; mixers and paddles; drill bits, hole saws, and jigsaw blades; scarpers and blades; clean-up, repair, and maintenance products; knee pads and safety products; underlayment products; installation kits; and cement boards tools.