Qualstar Corp VP William Lurie Unloads 10,000 Shares (QBAK)
Qualstar Corp (NASDAQ:QBAK) VP William Lurie unloaded 10,000 shares of the company’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $1.30, for a total value of $13,000.00. Following the transaction, the vice president now directly owns 100 shares in the company, valued at approximately $130. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Qualstar Corp (NASDAQ:QBAK) traded up 1.43% on Thursday, hitting $1.32. The stock had a trading volume of 6,760 shares. Qualstar Corp has a 1-year low of $1.34 and a 1-year high of $2.03. The stock has a 50-day moving average of $1.4 and a 200-day moving average of $1.57. The company’s market cap is $16.2 million.
Qualstar Corp (NASDAQ:QBAK) last posted its quarterly earnings results on Monday, September 30th. The company reported ($0.28) earnings per share for the quarter. The company had revenue of $2.90 million for the quarter, compared to the consensus estimate of $4.30 million.
Qualstar Corporation (NASDAQ:QBAK) designs, develops, manufactures and sells automated magnetic tape libraries used to store, retrieve and manage electronic data primarily in network computing environments.
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