Qualstar Corporation (OTCMKTS:QBAKD – Get Free Report)’s share price dropped 8.4% during trading on Friday. The stock traded as low as $4.85 and last traded at $4.90. Approximately 1,715 shares traded hands during trading, a decline of 41% from the average session volume of 2,925 shares. The stock had previously closed at $5.35.
Qualstar Trading Down 8.4%
The firm has a fifty day simple moving average of $3.42 and a two-hundred day simple moving average of $3.69. The stock has a market cap of $9.23 million, a PE ratio of 163.33 and a beta of 0.18.
Qualstar Company Profile
Qualstar Corporation is a technology company that develops and supplies data storage and power-management products. Its portfolio has historically included automated tape libraries and related data storage systems used for backup, archiving, disaster recovery and long-term data retention.
The company has also operated through its N2Power business, which designs compact, high-efficiency power supplies for telecommunications, networking, industrial, medical and other electronic equipment.
Featured Articles
- Five stocks we like better than Qualstar
- Alphabet Introduces Gemini Agent—Can It Trigger a Breakout?
- Palantir’s Rally Puts Wall Street in Catch-Up Mode Ahead of November Earnings
- Tilray Finds a Path to Growth Without Waiting on U.S. Cannabis Reform
- Arista Networks Plugs Into All-Time Highs
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.
