Shares of Qualstar Co. (OTCMKTS:QBAK – Get Free Report) fell 1.9% during mid-day trading on Tuesday . The company traded as low as $7.10 and last traded at $7.10. 206 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 3,080 shares. The stock had previously closed at $7.24.
Qualstar Stock Down 1.9 %
The business has a 50 day moving average price of $6.33 and a 200-day moving average price of $4.51.
Qualstar (OTCMKTS:QBAK – Get Free Report) last posted its earnings results on Wednesday, February 14th. The company reported $0.21 earnings per share (EPS) for the quarter. The company had revenue of $3.40 million during 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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