Qualstar (QBAK) Given Daily Media Sentiment Rating of 0.16

Qualstar (QBAK) Given Daily Media Sentiment Rating of 0.16

Qualstar (NASDAQ:QBAK) traded up 9.54% during midday trading on Wednesday, reaching $5.74. The company had a trading volume of 90,803 shares. The stock’s 50 day moving average is $6.22 and its 200 day moving average is $4.61. Qualstar has a 12-month low of $2.16 and a 12-month high of $10.00. The firm’s market capitalization is $11.72 million.

Media stories about Qualstar (NASDAQ:QBAK) have been trending somewhat positive this week, according to Alpha One Sentiment Analysis. Alpha One, a subsidiary of Accern, identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Qualstar earned a media sentiment score of 0.16 on Alpha One’s scale. Alpha One also gave media coverage about the electronics maker an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an effect on the stock’s share price in the near future.

In other Qualstar news, major shareholder William J. Gervais sold 5,000 shares of the business’s stock in a transaction on Friday, May 19th. The stock was sold at an average price of $6.05, for a total value of $30,250.00. Following the transaction, the insider now owns 324,510 shares of the company’s stock, valued at $1,963,285.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 30.30% of the stock is currently owned by insiders.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:QBAK”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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