Qualstar (OTCMKTS:QBAK) Stock Price Down 3.6% – Should You Sell?

Qualstar Co. (OTCMKTS:QBAK)’s stock price traded down 3.6% during trading on Thursday . The company traded as low as $4.00 and last traded at $4.00. 600 shares were traded during trading, a decline of 79% from the average session volume of 2,857 shares. The stock had previously closed at $4.15.

Qualstar Stock Down 3.6 %

The company has a market cap of $5.79 million, a P/E ratio of 400.00 and a beta of 0.06. The firm’s 50 day moving average is $4.04 and its two-hundred day moving average is $5.36.

Qualstar (OTCMKTS:QBAK) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($0.23) EPS for the quarter. The company had revenue of $2.37 million during the quarter.

Qualstar Company Profile

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.