Q.E.P. (OTCMKTS:QEPC) Stock Price Passes Above Fifty Day Moving Average – Should You Sell?

Q.E.P. Co. (OTCMKTS:QEPC)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $48.57 and traded as high as $49.4850. Q.E.P. shares last traded at $49.4850, with a volume of 1,440 shares changing hands.

Q.E.P. Stock Performance

The stock has a 50 day moving average of $48.57 and a 200 day moving average of $44.69. The stock has a market capitalization of $152.91 million, a P/E ratio of 14.14 and a beta of -0.24.

Q.E.P. (OTCMKTS:QEPC) last posted its earnings results on Wednesday, July 15th. The company reported $1.33 earnings per share (EPS) for the quarter. Q.E.P. had a return on equity of 15.99% and a net margin of 6.59%.The company had revenue of $60.96 million for the quarter.

About Q.E.P.

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.