Q.E.P. Co., Inc. (OTCMKTS:QEPC) Short Interest Declines by 75% in February

In February, Q.E.P. Co., Inc. (OTCMKTS:QEPC - Get Free Report) experienced a noteworthy decrease in short interest. As of February 15th, the total short interest amounted to just 100 shares, representing a substantial drop of 75.0% compared to the total of 400 shares recorded on January 31st. With an average daily trading volume of 14,400 shares, this leads to a current short-interest ratio of 0.0 days.

Recent Stock Performance

On Friday, shares of Q.E.P. opened at $48.96. The company's market capitalization stands at approximately $165.73 million, with a price-to-earnings (P/E) ratio of 48.01 and a beta of -0.38. Over the past year, Q.E.P. stock reached a low of $20.26 and a high of $49.70. The current 50-day moving average price is noted at $42.16, while the 200-day moving average price is $37.39.

Q.E.P. recently disclosed its quarterly earnings, reporting earnings per share (EPS) of $1.40 for the quarter ending January 14th. The company generated a return on equity of 20.21% along with a net margin of 4.89%.

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

(Get Free Report)

Q.E.P. Co, Inc. is involved in the design, manufacture, and distribution of flooring installation solutions for both commercial projects and home improvement initiatives worldwide. The extensive product range includes tile saws, blades, accessories, tile cutters, hand tools, tile spacers, leveling systems, suction cups, trowels, floats, mixers, paddles, drill bits, hole saws, jigsaw blades, scrapers, clean-up and maintenance products, knee pads, safety products, underlayment products, installation kits, and cement board tools.

Additional Insights

Market experts have pointed out several investment opportunities that may outperform Q.E.P., indicating that while Q.E.P. maintains a hold rating, there are other stocks that may present better growth potential. Investors are encouraged to explore options that leverage market volatility effectively.

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