Qualstar (OTCMKTS:QBAK) Trading Down 1.9%

Qualstar Co. (OTCMKTS:QBAKGet Free Report)’s stock price traded down 1.9% during mid-day trading on Tuesday . The stock traded as low as $7.10 and last traded at $7.10. 206 shares were traded during trading, a decline of 93% from the average session volume of 3,080 shares. The stock had previously closed at $7.24.

Qualstar Stock Performance

The firm’s fifty day moving average price is $6.33 and its 200-day moving average price is $4.51.

Qualstar (OTCMKTS:QBAKGet Free Report) last announced its quarterly earnings results on Wednesday, February 14th. The company reported $0.21 earnings per share (EPS) for the quarter. The company had revenue of $3.40 million for the quarter.

Qualstar Company Profile

(Get Free Report)

Qualstar Corporation engages in power solutions and data storage systems businesses worldwide. The company operates through two segments, Power Solutions and Data Storage Systems. It provides data storage systems under the Qualstar brand and power solutions under the N2Power brand. The company designs, manufactures, and sells switching power supplies that are used to convert AC line voltage to DC voltages; or DC voltages to other DC voltages for use in various electronic equipment, such as telecommunications equipment, machine tools, routers, switches, wireless systems, and gaming devices.

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