Qualstar (OTCMKTS:QBAK) Releases Quarterly Earnings Results

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

Qualstar Stock Performance

Shares of Qualstar stock remained flat at $5.85 on Thursday. The stock has a 50-day moving average price of $5.20 and a 200 day moving average price of $4.37. Qualstar has a 52 week low of $3.25 and a 52 week high of $7.51. The stock has a market capitalization of $8.28 million, a price-to-earnings 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.