QNB (OTCMKTS:QNBC) Stock Passes Below 200-Day Moving Average of $24.29

Shares of QNB Corp. (OTCMKTS:QNBC) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $24.29 and traded as low as $22.96. QNB shares last traded at $23.00, with a volume of 2,000 shares changing hands.

QNB Price Performance

The company has a debt-to-equity ratio of 0.22, a current ratio of 0.73 and a quick ratio of 0.73. The stock has a fifty day moving average of $23.88 and a 200 day moving average of $24.30. The stock has a market cap of $84.18 million, a price-to-earnings ratio of 10.50 and a beta of 0.49.

QNB (OTCMKTS:QNBC) last issued its earnings results on Tuesday, April 23rd. The financial services provider reported $0.71 EPS for the quarter. The firm had revenue of $12.00 million for the quarter. QNB had a return on equity of 9.71% and a net margin of 10.12%.

QNB Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 6.43%. The ex-dividend date was Thursday, March 14th. QNB’s payout ratio is presently 67.58%.

QNB Company Profile

QNB Corp. operates as the bank holding company for QNB Bank that engages in the provision of commercial and retail banking products, and retail brokerage services. It offers various deposit products, which include demand and savings accounts, such as money market, interest-bearing demand, club, traditional statement savings, and online savings accounts; and time deposits comprising certificates of deposit and individual retirement accounts.