Q.E.P. (OTCMKTS:QEPC – Get Free Report) issued its earnings results on Thursday. The company reported $1.97 earnings per share for the quarter, Zacks reports. Q.E.P. had a net margin of 7.35% and a return on equity of 18.67%. The business had revenue of $61.05 million for the quarter.
Q.E.P. Stock Performance
OTCMKTS:QEPC traded down $0.68 during mid-day trading on Friday, reaching $55.30. The stock had a trading volume of 2,720 shares, compared to its average volume of 869. The firm has a market capitalization of $169.22 million, a price-to-earnings ratio of 15.80 and a beta of -0.23. Q.E.P. has a twelve month low of $35.05 and a twelve month high of $60.98. The business has a 50 day simple moving average of $53.81 and a 200 day simple moving average of $50.31.
About Q.E.P.
Q.E.P. Co, Inc is a manufacturer and distributor of tools, equipment and installation supplies used in the flooring industry. Its product offerings support the installation, maintenance and finishing of carpet, hardwood, laminate, vinyl, tile and other floor-covering materials.
The company’s products include flooring installation tools, adhesives, underlayments, subfloor preparation materials, transition products and related accessories. Its brands have included QEP and Roberts, which are marketed to professional contractors, flooring retailers, distributors and do-it-yourself consumers.
Q.E.P.
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