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

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.

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.

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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