Q.E.P. Co., Inc. (OTCMKTS:QEPC) Sees Significant Decrease in Short Interest

Q.E.P. Co., Inc. (OTCMKTS:QEPC) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 200 shares, a decrease of 60.0% from the March 15th total of 500 shares. Based on an average daily volume of 1,900 shares, the short-interest ratio is presently 0.1 days.

Q.E.P. Stock Performance

QEPC stock traded up $1.02 during trading on Thursday, reaching $28.00. The company had a trading volume of 2,800 shares, compared to its average volume of 4,463. The company has a market cap of $95.65 million, a price-to-earnings ratio of -23.33 and a beta of -0.30. Q.E.P. has a twelve month low of $11.15 and a twelve month high of $28.00. The firm has a 50-day simple moving average of $23.81 and a 200-day simple moving average of $19.75.

Q.E.P. (OTCMKTS:QEPC) last announced its quarterly earnings data on Tuesday, January 16th. The company reported $0.48 earnings per share for the quarter. Q.E.P. had a positive return on equity of 4.40% and a negative net margin of 1.08%. The business had revenue of $74.58 million for the quarter.

About Q.E.P.

Q.E.P. Co, Inc, together with its subsidiaries, manufactures, markets, and distributes a range of hardwood flooring, flooring installation tools, adhesives, and flooring related products for the professional installer markets. It operates through three segments: North America, Europe, and Australia/New Zealand.