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

Q.E.P. Co., Inc. (OTCMKTS:QEPC)’s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $34.58 and traded as high as $35.50. Q.E.P. shares last traded at $35.50, with a volume of 1,200 shares traded.

Q.E.P. Stock Up 1.4 %

The company’s 50 day moving average price is $34.58 and its 200 day moving average price is $31.63.

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

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.