QNB (OTCMKTS:QNBC) Share Price Passes Below 200 Day Moving Average – Time to Sell?

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 $34.40 and traded as low as $33.01. QNB shares last traded at $33.85, with a volume of 2,400 shares.

QNB Trading Down 0.3%

The firm has a market capitalization of $125.58 million, a price-to-earnings ratio of 10.85 and a beta of 0.47. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.77 and a current ratio of 0.77. The business has a fifty day moving average price of $34.54 and a 200 day moving average price of $34.41.

QNB (OTCMKTS:QNBC) last announced its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $0.69 earnings per share for the quarter. QNB had a net margin of 12.58% and a return on equity of 11.61%. The firm had revenue of $13.12 million during the quarter.

QNB Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 4.49%. QNB’s dividend payout ratio (DPR) is 49.03%.

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.