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

Q.E.P. logo with Consumer Discretionary background

Key Points

  • Q.E.P. Co. shares have fallen below their 200-day moving average of $40.62, trading as low as $37.18 on Tuesday.
  • The company reported an earnings per share (EPS) of $1.36 for the latest quarter, with revenues of $61.53 million.
  • Q.E.P. recently announced a dividend of $0.20 per share, resulting in a dividend yield of 203.0%.
  • Interested in Q.E.P.? Here are five stocks we like better.

Shares of Q.E.P. Co. (OTCMKTS:QEPC - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $40.62 and traded as low as $37.18. Q.E.P. shares last traded at $37.68, with a volume of 2,025 shares traded.

Q.E.P. Stock Performance

The company has a 50 day moving average price of $38.32 and a 200-day moving average price of $40.62.

Q.E.P. (OTCMKTS:QEPC - Get Free Report) last announced its quarterly earnings results on Tuesday, July 15th. The company reported $1.36 EPS for the quarter. The company had revenue of $61.53 million during the quarter. Q.E.P. had a return on equity of 20.42% and a net margin of 6.71%.

Q.E.P. Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, August 28th. Stockholders of record on Monday, August 4th were given a $0.20 dividend. This represents a dividend yield of 203.0%. The ex-dividend date of this dividend was Friday, August 1st.

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.

See Also

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