Qualstar Corp (QBAK, Financial), trading on the OTC market, experienced a significant stock surge, with prices rising by 22.37%. The stock is currently priced at $4.65 per share, with a trading volume of 524 shares and a turnover rate of 0.04%. The stock's amplitude reached 3.95%.
Recent financial reports show Qualstar Corp generated $1.36 million in revenue, with a net loss of $34,000, resulting in an earnings per share (EPS) of -$0.02. The gross profit was $453,000, and the price-to-earnings (P/E) ratio stood at -44.20. Currently, there are no institutional ratings available for this stock.
Within the electrical equipment parts industry on the OTC market, the overall growth was 2.61%. Notable performers in this sector include Powell Industries, Inc., Lightbridge Corporation, and Stardust Power Inc., with Lightbridge Corporation showing a turnover rate of 7.94%. Stocks with high volatility include Stardust Power Inc C/Wts Exp 21/06/2029 (To Pur Com), Ads Tec Energy Plc C/Wts (To Pur Com), and Lightbridge Corporation, with amplitudes of 19.04%, 13.40%, and 12.23%, respectively.
Qualstar Corp, headquartered in the United States, is known for its data storage systems under the Qualstar brand and power solutions under the N2Power brand. The company operates through its power and data storage divisions, designing and selling open-frame switching power supplies and automated tape libraries for electronic data storage and management in network computing environments.
