News stories about Qualstar (NASDAQ:QBAK) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Qualstar earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave news articles about the electronics maker an impact score of 45.398937315652 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Shares of Qualstar (NASDAQ:QBAK) traded down $0.05 during trading on Friday, reaching $8.14. The company’s stock had a trading volume of 12,382 shares, compared to its average volume of 46,701. The stock has a market capitalization of $16.62, a price-to-earnings ratio of -38.76 and a beta of 0.42. Qualstar has a fifty-two week low of $2.85 and a fifty-two week high of $13.20.

Qualstar (NASDAQ:QBAK) last announced its quarterly earnings data on Wednesday, November 8th. The electronics maker reported ($0.07) EPS for the quarter. The firm had revenue of $2.76 million for the quarter. Qualstar had a negative net margin of 4.52% and a negative return on equity of 8.81%.

In related news, CEO Steven N. Bronson purchased 5,000 shares of the stock in a transaction dated Monday, December 18th. The stock was purchased at an average price of $7.50 per share, with a total value of $37,500.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder William J. Gervais sold 10,000 shares of Qualstar stock in a transaction dated Tuesday, October 24th. The stock was sold at an average price of $7.05, for a total value of $70,500.00. Following the completion of the transaction, the insider now directly owns 190,558 shares of the company’s stock, valued at approximately $1,343,433.90. The disclosure for this sale can be found here. In the last three months, insiders have acquired 15,600 shares of company stock valued at $119,666 and have sold 55,000 shares valued at $408,500. Company insiders own 28.20% of the company’s stock.

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About Qualstar

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.

Insider Buying and Selling by Quarter for Qualstar (NASDAQ:QBAK)

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