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Q.E.P. (OTCMKTS:QEPC) Stock Price Crosses Above 50-Day Moving Average - Here's What Happened

Q.E.P. logo with Consumer Discretionary background

Q.E.P. Co., Inc. (OTCMKTS:QEPC - Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $35.11 and traded as high as $36.96. Q.E.P. shares last traded at $36.96, with a volume of 646 shares traded.

Q.E.P. Stock Down 2.6 %

The company has a market capitalization of $122.22 million, a price-to-earnings ratio of 36.17 and a beta of -0.40. The business has a 50-day moving average price of $35.17 and a 200-day moving average price of $34.09.

Q.E.P. (OTCMKTS:QEPC - Get Free Report) last posted its quarterly earnings data on Tuesday, October 15th. The company reported $1.17 earnings per share (EPS) for the quarter. Q.E.P. had a return on equity of 17.92% and a net margin of 0.45%. The firm had revenue of $62.56 million for the quarter.

Q.E.P. Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Monday, February 3rd will be issued 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 dividend yield of 2.22%.

About Q.E.P.

(Get Free Report)

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.

Further Reading

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