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

Q.E.P. logo with Consumer Discretionary background
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Key Points

  • Technical breakout: Q.E.P. stock crossed above its 50‑day moving average ($42.17), trading as high as $49.00 and last at $48.30 (up 2.9%) on volume of 1,311 shares.
  • Solid recent results and valuation: The company reported quarterly EPS of $1.08 on $59.1M revenue, with a market cap of $155.5M and a P/E of 13.7, plus a 17.2% ROE and a 6.4% net margin.
  • Business profile: Q.E.P. manufactures and distributes flooring installation products and related accessories (tile systems, grout, adhesives, tools) through home‑improvement retailers, specialty distributors and e‑commerce channels.
  • Five stocks to consider instead of Q.E.P..

Q.E.P. Co. (OTCMKTS:QEPC - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $42.17 and traded as high as $49.00. Q.E.P. shares last traded at $48.30, with a volume of 1,311 shares traded.

Q.E.P. Stock Up 2.9%

The company has a market cap of $155.53 million, a P/E ratio of 13.68 and a beta of -0.19. The business has a fifty day moving average price of $42.17 and a 200-day moving average price of $39.13.

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

About Q.E.P.

(Get Free Report)

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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