Qualstar Co. (OTCMKTS:QBAK – Get Free Report)’s share price traded up 6% during mid-day trading on Thursday . The stock traded as high as $3.87 and last traded at $3.87. 5,422 shares traded hands during trading, an increase of 89% from the average session volume of 2,866 shares. The stock had previously closed at $3.65.
Qualstar Trading Up 6.0 %
The firm has a market capitalization of $5.61 million, a price-to-earnings ratio of -35.16 and a beta of 0.06. The company has a fifty day moving average price of $3.90 and a 200-day moving average price of $4.98.
About Qualstar
Qualstar Corporation engages in power solutions and data storage systems businesses worldwide. The company operates through two segments, Power Solutions and Data Storage Systems. It provides data storage systems under the Qualstar brand and power solutions under the N2Power brand. The company designs, manufactures, and sells switching power supplies that are used to convert AC line voltage to DC voltages; or DC voltages to other DC voltages for use in various electronic equipment, such as telecommunications equipment, machine tools, routers, switches, wireless systems, and gaming devices.
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