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

Q.E.P. Co., Inc. (OTCMKTS:QEPC) experienced a notable reduction in short interest in February. As of February 15th, short interest amounted to just 100 shares, reflecting a remarkable decline of 75.0% from the 400 shares recorded at the end of January. With an average trading volume of 14,400 shares, this means that the current short-interest ratio stands at an impressive 0.0 days.

Q.E.P. Stock Performance

The stock of Q.E.P. opened at $48.96 on the last Friday. The company has a market cap of $165.73 million, accompanied by a price-to-earnings (P/E) ratio of 48.01. Interestingly, it has a beta of -0.38. Over the past year, Q.E.P. has noted a low of $20.26 and a high of $49.70. Its 50-day moving average price is currently $42.16, while the 200-day moving average price is $37.39.

On January 14th, Q.E.P. last reported its quarterly earnings. The company posted earnings per share (EPS) of $1.40 for the quarter, showcasing a solid return on equity of 20.21% and a net margin of 4.89%.

About Q.E.P. Co., Inc.

Q.E.P. Co., Inc. focuses on designing, manufacturing, and distributing flooring installation solutions for both commercial and home improvement projects across the globe. Their diverse range of products includes tile saws, blades, tile cutters, and a variety of hand tools, as well as installation kits and safety, maintenance, and repair products.

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Q.E.P., Stocks, ShortInterest