Q.E.P. (OTCMKTS:QEPC) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

Q.E.P. Co., Inc. (OTCMKTS:QEPC) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $38.42 and traded as high as $48.99. Q.E.P. shares last traded at $48.22, with a volume of 9,424 shares traded.

Q.E.P. Stock Performance

The company has a 50 day moving average of $38.42 and a 200 day moving average of $36.10. The stock has a market capitalization of $162.98 million, a price-to-earnings ratio of 45.63 and a beta of -0.38.

Q.E.P. (OTCMKTS:QEPC) last issued its earnings results on Tuesday, January 14th. The company reported $1.40 EPS for the quarter. Q.E.P. had a net margin of 4.89% and a return on equity of 20.21%.

Q.E.P. Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Monday, February 3rd will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.66%. The ex-dividend date of this dividend is Monday, February 3rd.

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.