Q.E.P. (OTCMKTS:QEPC) Shares Cross Above 50-Day Moving Average - What's Next?

Key Points

• Q.E.P. Co. (OTCMKTS:QEPC) shares have crossed above their 50-day moving average of $37.90, trading as high as $38.00 during recent sessions.
• The company reported an EPS of $1.36 for the last quarter, with a net margin of 6.71% and a revenue of $61.53 million.
• Q.E.P. recently declared a dividend of $0.20 per share, reflecting a yield of 203.0%, paid to investors on August 28th.

Shares of Q.E.P. Co. (OTCMKTS:QEPC - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $37.90 and traded as high as $38.00. Q.E.P. shares last traded at $37.85, with a volume of 2,502 shares changing hands.

Q.E.P. Trading Down 0.4%

The stock's fifty day moving average price is $37.90 and its 200 day moving average price is $38.96.

Q.E.P. (OTCMKTS:QEPC - Get Free Report) last announced its earnings results on Tuesday, July 15th. The company reported $1.36 EPS for the quarter. Q.E.P. had a net margin of 6.71% and a return on equity of 19.99%. The firm had revenue of $61.53 million for the quarter.

Q.E.P. Announces Dividend

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

Q.E.P. Company Profile

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.

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