Qualstar Co. (OTCMKTS:QBAK – Get Free Report) was down 1.9% on Tuesday . The company traded as low as $7.10 and last traded at $7.10. Approximately 206 shares changed hands during trading, a decline of 93% from the average daily volume of 3,080 shares. The stock had previously closed at $7.24.
Qualstar Stock Performance
The business’s 50 day moving average is $6.42 and its two-hundred day moving average is $4.54.
Qualstar (OTCMKTS:QBAK – Get Free Report) last announced its earnings results on Wednesday, February 14th. The company reported $0.21 earnings per share for the quarter. The firm had revenue of $3.40 million for the quarter.
About Qualstar
Qualstar Corporation engages in power solutions and data storage systems businesses worldwide. The company operates through two segments, Power Solutions and Data Storage Systems. It provides data storage systems under the Qualstar brand and power solutions under the N2Power brand. The company designs, manufactures, and sells switching power supplies that are used to convert AC line voltage to DC voltages; or DC voltages to other DC voltages for use in various electronic equipment, such as telecommunications equipment, machine tools, routers, switches, wireless systems, and gaming devices.
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