Q.E.P. (OTCMKTS:QEPC) Stock Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Q.E.P. Co. (OTCMKTS:QEPC) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $37.86 and traded as low as $37.80. Q.E.P. shares last traded at $39.0720, with a volume of 1,828 shares trading hands.

Q.E.P. Stock Performance

The firm’s fifty day simple moving average is $37.91 and its 200 day simple moving average is $37.86. The stock has a market capitalization of $127.37 million, a P/E ratio of 11.07 and a beta of -0.10.

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

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.