Qualstar Co. (NASDAQ:QBAK) CEO Steven N. Bronson Purchases 5,000 Shares

Qualstar Co. (NASDAQ:QBAK) CEO Steven N. Bronson bought 5,000 shares of the business’s stock in a transaction dated Monday, December 18th. The stock was acquired at an average cost of $7.50 per share, for a total transaction of $37,500.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Steven N. Bronson also recently made the following trade(s):

  • On Wednesday, December 20th, Steven N. Bronson bought 5,000 shares of Qualstar stock. The stock was acquired at an average cost of $7.91 per share, for a total transaction of $39,550.00.

Shares of Qualstar Co. (NASDAQ:QBAK) traded down $0.05 during mid-day trading on Friday, hitting $8.14. 12,382 shares of the stock were exchanged, compared to its average volume of 42,830. Qualstar Co. has a fifty-two week low of $2.85 and a fifty-two week high of $13.20. The stock has a market cap of $16.62, a P/E ratio of -38.76 and a beta of 0.56.

Qualstar (NASDAQ:QBAK) last issued its earnings results on Wednesday, November 8th. The electronics maker reported ($0.07) EPS for the quarter. Qualstar had a negative net margin of 4.52% and a negative return on equity of 8.81%. The business had revenue of $2.76 million during the quarter.

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Qualstar Company Profile

Qualstar Corporation is a provider of data storage systems marketed under the Qualstar brand and of power solutions marketed under the N2Power brand. The Company’s segments include Power Supplies and Data Storage. Under the Power Supplies segment, it designs, manufactures and sells open frame switching power supplies.

Insider Buying and Selling by Quarter for Qualstar (NASDAQ:QBAK)

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