Q.E.P. (OTCMKTS:QEPC) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Shares of Q.E.P. Co., Inc. (OTCMKTS:QEPC) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $34.51 and traded as high as $36.99. Q.E.P. shares last traded at $35.15, with a volume of 730 shares changing hands.

Q.E.P. Trading Down 3.5 %

The company has a 50 day simple moving average of $34.51 and a 200 day simple moving average of $33.28. The stock has a market capitalization of $119.33 million, a PE ratio of 35.38 and a beta of -0.38.

Q.E.P. (OTCMKTS:QEPC) last announced its quarterly earnings data on Tuesday, October 15th. The company reported $1.17 earnings per share (EPS) for the quarter. Q.E.P. had a net margin of 0.45% and a return on equity of 17.92%. The company had revenue of $62.56 million for the quarter.

About Q.E.P.

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.