Q.E.P. (OTCMKTS:QEPC) Shares Cross Above 50-Day Moving Average – Should You Sell?

Q.E.P. Co., Inc. (OTCMKTS:QEPC) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $35.11 and traded as high as $36.96. Q.E.P. shares last traded at $36.96, with a volume of 646 shares traded.

Q.E.P. Price Performance

The business’s 50-day moving average price is $35.21 and its two-hundred day moving average price is $34.11. The company has a market capitalization of $122.22 million, a P/E ratio of 36.17 and a beta of -0.40.

Q.E.P. (OTCMKTS:QEPC) last posted its earnings results on Tuesday, October 15th. The company reported $1.17 earnings per share for the quarter. Q.E.P. had a return on equity of 17.92% and a net margin of 0.45%. The firm had revenue of $62.56 million for the quarter.

Q.E.P. Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Monday, February 3rd will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $0.80 dividend on an annualized basis and a yield of 2.22%.

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.