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Q.E.P. (OTCMKTS:QEPC) Shares Cross Below 200-Day Moving Average - Here's What Happened

Q.E.P. logo with Consumer Discretionary background

Key Points

  • Q.E.P. Co. (OTCMKTS:QEPC) stock price has dropped below its 200-day moving average of $39.77, with recent trading at $38.00.
  • The company reported $1.36 earnings per share (EPS) and $61.53 million in revenue for the last quarter, alongside a net margin of 6.71%.
  • Q.E.P. declared a $0.20 dividend with a yield of 203.0%, which was paid on August 28th to shareholders of record.
  • Five stocks to consider instead of Q.E.P..

Q.E.P. Co. (OTCMKTS:QEPC - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $39.77 and traded as low as $37.70. Q.E.P. shares last traded at $38.00, with a volume of 2,800 shares trading hands.

Q.E.P. Trading Down 1.1%

The company's fifty day moving average price is $38.25 and its two-hundred day moving average price is $39.54.

Q.E.P. (OTCMKTS:QEPC - Get Free Report) last released its earnings results on Tuesday, July 15th. The company reported $1.36 earnings per share (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 during the quarter.

Q.E.P. Announces Dividend

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

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