Qualstar (OTCMKTS:QBAK) Shares Down 5.6%

Qualstar Co. (OTCMKTS:QBAKGet Free Report) was down 5.6% during trading on Thursday . The stock traded as low as $4.20 and last traded at $4.20. Approximately 1,020 shares traded hands during mid-day trading, an increase of 69% from the average daily volume of 605 shares. The stock had previously closed at $4.45.

Qualstar Stock Down 5.6 %

The company has a 50 day moving average of $3.80 and a 200 day moving average of $3.11.

Qualstar (OTCMKTS:QBAKGet Free Report) last issued its earnings results on Tuesday, October 31st. The company reported $0.10 earnings per share (EPS) for the quarter. The company had revenue of $3.14 million during the quarter.

Qualstar Company Profile

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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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