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

Q.E.P. logo with Consumer Discretionary background

Q.E.P. Co. (OTCMKTS:QEPC - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $41.46 and traded as low as $38.81. Q.E.P. shares last traded at $39.67, with a volume of 1,221 shares traded.

Q.E.P. Trading Up 0.8%

The stock's 50-day simple moving average is $38.47 and its two-hundred day simple moving average is $41.51.

Q.E.P. (OTCMKTS:QEPC - Get Free Report) last posted its quarterly earnings data on Tuesday, July 15th. The company reported $1.36 earnings per share for the quarter. The business 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. Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Thursday, August 28th. Stockholders of record on Monday, August 4th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Friday, August 1st. This represents a dividend yield of 2.03%.

Q.E.P. Company Profile

(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.

Further Reading

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