Somewhat Positive Media Coverage Somewhat Unlikely to Impact Qualstar Corporation (QBAK) Stock Price
Media coverage about Qualstar Corporation (NASDAQ:QBAK) has been trending somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Qualstar Corporation earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the electronics maker an impact score of 47.7222950741125 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Qualstar Corporation (QBAK) traded up $0.25 during mid-day trading on Tuesday, reaching $8.38. The company’s stock had a trading volume of 87,995 shares, compared to its average volume of 52,581. Qualstar Corporation has a 52-week low of $2.62 and a 52-week high of $13.20.
ILLEGAL ACTIVITY NOTICE: This report was reported by Daily Political and is the property of of Daily Political. If you are reading this report on another website, it was illegally stolen and republished in violation of U.S. & international copyright law. The correct version of this report can be read at https://www.dailypolitical.com/2017/11/07/somewhat-positive-media-coverage-somewhat-unlikely-to-impact-qualstar-corporation-qbak-stock-price.html.
In other Qualstar Corporation news, insider William J. Gervais sold 30,000 shares of Qualstar Corporation stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $7.65, for a total transaction of $229,500.00. Following the transaction, the insider now directly owns 170,558 shares in the company, valued at $1,304,768.70. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, major shareholder William J. Gervais sold 20,000 shares of Qualstar Corporation stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $7.30, for a total value of $146,000.00. Following the transaction, the insider now owns 205,558 shares in the company, valued at $1,500,573.40. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 85,000 shares of company stock worth $625,000. Corporate insiders own 28.20% of the company’s stock.
About Qualstar Corporation
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.
Receive News & Ratings for Qualstar Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qualstar Corporation and related companies with MarketBeat.com's FREE daily email newsletter.