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

Q.E.P. Co., Inc. (OTCMKTS:QEPC) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 500 shares, a growth of 66.7% from the February 29th total of 300 shares. Based on an average daily trading volume, of 9,800 shares, the short-interest ratio is presently 0.1 days.

Q.E.P. Stock Performance

Shares of QEPC stock traded up $0.20 during midday trading on Thursday, hitting $25.75. 900 shares of the company were exchanged, compared to its average volume of 4,840. The firm has a market capitalization of $88.07 million, a P/E ratio of -21.46 and a beta of -0.32. The firm’s 50 day moving average price is $22.23 and its two-hundred day moving average price is $18.87. Q.E.P. has a 52 week low of $11.15 and a 52 week high of $27.75.

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