Qualstar Co. (OTCMKTS:QBAK – Get Free Report) traded up 6% during trading on Thursday . The stock traded as high as $3.87 and last traded at $3.87. 5,422 shares traded hands during mid-day trading, an increase of 89% from the average session volume of 2,866 shares. The stock had previously closed at $3.65.
Qualstar Stock Performance
The company has a 50-day simple moving average of $3.90 and a 200 day simple moving average of $4.98. The company has a market capitalization of $5.61 million, a P/E ratio of -35.16 and a beta of 0.06.
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.
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