Quaint Oak Bancorp (OTCMKTS:QNTO) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Quaint Oak Bancorp Inc. (OTCMKTS:QNTO) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $16.48 and traded as high as $17.35. Quaint Oak Bancorp shares last traded at $16.70, with a volume of 18,049 shares changing hands.

Quaint Oak Bancorp Price Performance

The stock has a market capitalization of $44.88 million, a price-to-earnings ratio of 80.95 and a beta of -0.09. The business’s fifty day moving average price is $16.55 and its 200-day moving average price is $13.78. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.10 and a quick ratio of 1.01.

Quaint Oak Bancorp (OTCMKTS:QNTO) last issued its quarterly earnings data on Thursday, April 30th. The financial services provider reported $0.06 earnings per share (EPS) for the quarter. The firm had revenue of $6.51 million during the quarter. Quaint Oak Bancorp had a net margin of 1.19% and a return on equity of 1.09%.

About Quaint Oak Bancorp

Quaint Oak Bancorp is a bank holding company headquartered in Lakeville, Connecticut, whose sole banking subsidiary, Quaint Oak Bank, serves communities in western Connecticut. The institution operates branch offices across Litchfield County, providing relationship-driven banking services tailored to individuals, families and small businesses. Quaint Oak Bancorp’s regional focus emphasizes local decision-making and community engagement.

The company offers a full suite of deposit products, including checking and savings accounts, certificates of deposit and money market accounts.