Q.E.P. (OTCMKTS:QEPC) Issues Earnings Results

Q.E.P. (OTCMKTS:QEPC - Get Free Report) released its quarterly earnings results on Tuesday. The company reported $1.40 earnings per share (EPS) for the quarter, Zacks reports. Q.E.P. had a return on equity of 17.92% and a net margin of 0.45%.

Q.E.P. Trading Up 9.9 %

Shares of Q.E.P. stock traded up $3.51 during trading hours on Tuesday, reaching $39.02. 19,291 shares of the company's stock were exchanged, compared to its average volume of 3,786. The firm has a market capitalization of $132.47 million, a price-to-earnings ratio of 34.95 and a beta of -0.40. Q.E.P. has a 52-week low of $18.15 and a 52-week high of $41.00. The company has a fifty day moving average of $35.35 and a 200-day moving average of $34.44.

Q.E.P. Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Monday, February 3rd will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $0.80 dividend on an annualized basis and a yield of 2.05%.

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.