Q.E.P. (OTCMKTS:QEPC) Stock Crosses Below Two Hundred Day Moving Average - Should You Sell?

Key Points

• Q.E.P. Co. (OTCMKTS:QEPC)'s stock price recently fell below its 200-day moving average of $41.56, trading as low as $41.00.
• The company reported $1.36 earnings per share for its last quarter, with revenue of $61.53 million and a return on equity of 20.42%.
• Q.E.P. has declared a $0.20 dividend to be paid on August 28th, representing a dividend yield of 2.03%.

Q.E.P. Co. (OTCMKTS:QEPC - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $41.56 and traded as low as $41.00. Q.E.P. shares last traded at $41.00, with a volume of 490 shares trading hands.

Q.E.P. Stock Down 2.8%

The stock's 50 day moving average is $38.62 and its 200 day moving average is $41.59.

Q.E.P. (OTCMKTS:QEPC - Get Free Report) last issued its quarterly earnings data 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 20.42%. The firm had revenue of $61.53 million for the quarter.

Q.E.P. Dividend Announcement

The company also recently declared a dividend, which will be paid on Thursday, August 28th. Shareholders of record on Monday, August 4th will be paid a dividend of $0.20 per share. This represents a dividend yield of 203.0%. The ex-dividend date of this dividend is 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.