QNB (OTCMKTS:QNBC) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

QNB Corp. (OTCMKTS:QNBC)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $32.44 and traded as high as $34.00. QNB shares last traded at $33.95, with a volume of 2,487 shares.

QNB Stock Performance

The firm has a fifty day moving average of $32.53 and a 200 day moving average of $29.39. The stock has a market cap of $125.28 million, a price-to-earnings ratio of 13.06 and a beta of 0.51. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.77 and a quick ratio of 0.77.

QNB (OTCMKTS:QNBC) last posted its earnings results on Tuesday, October 22nd. The financial services provider reported $0.91 earnings per share for the quarter. The company had revenue of $13.09 million for the quarter. QNB had a net margin of 11.00% and a return on equity of 9.86%.

QNB Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were given a $0.37 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.48 dividend on an annualized basis and a yield of 4.36%. QNB’s payout ratio is currently 56.92%.

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.