Q.E.P. (OTCMKTS:QEPC) Shares Pass Below 200 Day Moving Average - Should You Sell?

Key Points

• Q.E.P. Co. (OTCMKTS:QEPC) stock fell below its 200-day moving average of $41.54, trading as low as $38.10.
• The company reported a net margin of 6.71% and earnings of $1.36 per share in its most recent quarterly earnings.
• Q.E.P. announced a $0.20 dividend, with a yield of 203.0%, to be paid on August 28th to investors of record on August 4th.

Q.E.P. Co. (OTCMKTS:QEPC - Get Free Report)'s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $41.54 and traded as low as $38.10. Q.E.P. shares last traded at $38.10, with a volume of 1,000 shares traded.

Q.E.P. Stock Performance

The stock's fifty day moving average is $38.52 and its two-hundred day moving average is $41.49.

Q.E.P. (OTCMKTS:QEPC - Get Free Report) last posted 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 business also recently announced 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. The ex-dividend date of this dividend is Friday, August 1st. This represents a yield of 203.0%.

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.