Q.E.P. (OTCMKTS:QEPC) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Q.E.P. Co. (OTCMKTS:QEPC – Get Free Report) shares crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $54.11 and traded as high as $55.00. Q.E.P. shares last traded at $54.60, with a volume of 2,800 shares.

Q.E.P. Stock Performance

The company has a market cap of $160.52 million, a price-to-earnings ratio of 12.47 and a beta of -0.27. The firm’s 50 day simple moving average is $54.11 and its 200-day simple moving average is $48.28.

Q.E.P. (OTCMKTS:QEPC – Get Free Report) last issued its earnings results on Thursday, October 15th. The company reported $1.97 EPS for the quarter. The business had revenue of $61.05 million during the quarter. Q.E.P. had a net margin of 7.35% and a return on equity of 18.67%.

Q.E.P. Company Profile

(Get Free Report)

Q.E.P. Co, Inc is a manufacturer and distributor of tools, materials and accessories used to install and maintain flooring. Its product offerings are designed for professional flooring contractors, retailers and do-it-yourself consumers and include tile, carpet, hardwood, laminate and vinyl flooring installation products.

The company’s portfolio includes flooring installation tools, adhesives, underlayments, trowels, spacers, cutters, kneepads, transition moldings and related accessories.

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