Qualstar (OTCMKTS:QBAK) Releases Earnings Results

Qualstar (OTCMKTS:QBAK) issued its quarterly earnings data on Thursday. The company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports.

Qualstar Stock Performance

Shares of QBAK stock remained flat at $5.85 during trading hours on Thursday. Qualstar has a twelve month low of $3.25 and a twelve month high of $7.51. The company has a 50-day simple moving average of $5.20 and a two-hundred day simple moving average of $4.37. The stock has a market cap of $8.28 million, a PE ratio of -53.18 and a beta of 0.07.

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.