Qualstar Corporation (OTCMKTS:QBAKD – Get Free Report)’s stock price was down 1.4% during trading on Tuesday . The company traded as low as $3.10 and last traded at $3.40. Approximately 300 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 2,925 shares. The stock had previously closed at $3.45.
Qualstar Price Performance
The stock has a market capitalization of $6.41 million, a P/E ratio of 113.33 and a beta of 0.18. The company’s 50 day simple moving average is $3.91 and its two-hundred day simple moving average is $5.35.
Qualstar (OTCMKTS:QBAKD – Get Free Report) last released its quarterly earnings results on Monday, March 30th. The company reported ($0.13) earnings per share for the quarter. The company had revenue of $1.49 million during the quarter.
Qualstar Company Profile
Qualstar Corporation is a designer and manufacturer of automated magnetic tape library and data storage products. The company’s offerings include modular tape library modules, standalone autoloaders, and multi-frame library systems that integrate with a variety of tape media standards such as LTO, DLT and SDLT. Qualstar’s solutions leverage robotic tape handling to deliver high-capacity, reliable and cost-effective backup and archival storage for data centers.
These tape library systems are engineered for scalability, allowing organizations to expand storage capacity incrementally as data retention needs grow.
See Also
- Five stocks we like better than Qualstar
- Oracle’s Sell-Off Looks More Like a Mispricing Than a Warning
- Apple’s Intel Deal Arrives at the Right Time for Its Stock
- Liquid Gold: The AI Cooling Retrofit Trade
- 3 Dividend Stocks Under $30 to Anchor Your Portfolio
Receive News & Ratings for Qualstar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qualstar and related companies with MarketBeat.com's FREE daily email newsletter.
