QNB (OTCMKTS:QNBC) Stock Price Passes Below 200 Day Moving Average of $24.28

Shares of QNB Corp. (OTCMKTS:QNBC) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $24.28 and traded as low as $23.65. QNB shares last traded at $23.65, with a volume of 100 shares trading hands.

QNB Stock Performance

The company has a market cap of $86.56 million, a PE ratio of 8.99 and a beta of 0.49. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.22. The business’s 50 day moving average is $24.19 and its two-hundred day moving average is $24.28.

QNB (OTCMKTS:QNBC) last released its earnings results on Tuesday, January 23rd. The financial services provider reported $0.31 earnings per share (EPS) for the quarter. QNB had a return on equity of 11.50% and a net margin of 12.83%. The firm had revenue of $10.48 million during the quarter.

QNB Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were given a dividend of $0.37 per share. The ex-dividend date was Thursday, March 14th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 6.26%. QNB’s payout ratio is 56.27%.

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.