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

Posted by ABMN Staff on Jan 8th, 2025

Q.E.P. Co., Inc. (OTCMKTS:QEPC – Get Free Report)’s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 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 changing hands.

Q.E.P. Trading Down 0.8 %

The stock has a market capitalization of $125.48 million, a P/E ratio of 36.17 and a beta of -0.40. The company’s 50-day moving average is $35.11 and its two-hundred day moving average is $34.02.

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

Q.E.P. Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Monday, February 3rd will be given a dividend of $0.20 per share. The ex-dividend date is Monday, February 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.16%.

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.