Qualstar Corporation (OTCMKTS:QBAKD – Get Free Report)’s stock price was down 8.4% on Friday. The stock traded as low as $4.85 and last traded at $4.90. 1,715 shares were traded 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 business’s fifty day moving average is $3.42 and its two-hundred day moving average is $3.69. The company has a market capitalization of $9.23 million, a PE ratio of 163.33 and a beta of 0.18.
About Qualstar
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.
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