Qualstar Co. (QBAK) CEO Acquires $37,500.00 in Stock
Qualstar Co. (NASDAQ:QBAK) CEO Steven N. Bronson acquired 5,000 shares of the firm’s stock in a transaction that occurred on Monday, December 18th. The shares were bought at an average price of $7.50 per share, with a total value of $37,500.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Steven N. Bronson also recently made the following trade(s):
- On Wednesday, December 20th, Steven N. Bronson purchased 5,000 shares of Qualstar stock. The stock was acquired at an average price of $7.91 per share, with a total value of $39,550.00.
Qualstar Co. (QBAK) traded down $0.39 during trading hours on Friday, hitting $7.90. 23,933 shares of the stock traded hands, compared to its average volume of 38,797. Qualstar Co. has a twelve month low of $2.67 and a twelve month high of $13.20. The company has a market cap of $16.93, a price-to-earnings ratio of -37.62 and a beta of 0.42.
Qualstar (NASDAQ:QBAK) last posted its quarterly earnings results on Wednesday, November 8th. The electronics maker reported ($0.07) EPS for the quarter. Qualstar had a negative net margin of 4.52% and a negative return on equity of 8.81%. The business had revenue of $2.76 million during the quarter.
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Qualstar Company Profile
Qualstar Corporation is a provider of data storage systems marketed under the Qualstar brand and of power solutions marketed under the N2Power brand. The Company’s segments include Power Supplies and Data Storage. Under the Power Supplies segment, it designs, manufactures and sells open frame switching power supplies.
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