Q.E.P. (OTCMKTS:QEPC) Issues Quarterly Earnings Results

Q.E.P. (OTCMKTS:QEPC) announced its earnings results on Tuesday. The company reported $1.40 earnings per share (EPS) for the quarter, Zacks reports. Q.E.P. had a return on equity of 17.92% and a net margin of 0.45%.

Q.E.P. Price Performance

QEPC stock opened at $39.02 on Wednesday. The company has a 50-day moving average of $35.35 and a two-hundred day moving average of $34.44. The stock has a market capitalization of $132.47 million, a price-to-earnings ratio of 34.95 and a beta of -0.40. Q.E.P. has a 52-week low of $18.15 and a 52-week high of $41.00.

Q.E.P. Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Monday, February 3rd will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date is Monday, February 3rd.

Q.E.P. Company Profile

Q.E.P. Co, Inc designs, manufactures, and distributes flooring installation solutions for commercial and home improvement projects worldwide. The company’s product portfolio includes tile saws, blades, and accessories; tile cutters and accessories; hand tools; tile spacers and leveling systems; suction cups; trowels and floats; mixers and paddles; drill bits, hole saws, and jigsaw blades; scarpers and blades; clean-up, repair, and maintenance products; knee pads and safety products; underlayment products; installation kits; and cement boards tools.