QNB (OTCMKTS:QNBC) Stock Passes Below 200 Day Moving Average of $24.39

Shares of QNB Corp. (OTCMKTS:QNBC) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $24.39 and traded as low as $23.45. QNB shares last traded at $23.45, with a volume of 400 shares trading hands.

QNB Trading Down 0.2 %

The business’s 50-day moving average price is $23.32 and its 200-day moving average price is $24.39. The firm has a market capitalization of $86.06 million, a PE ratio of 10.71 and a beta of 0.52. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.74 and a quick ratio of 0.74.

QNB (OTCMKTS:QNBC) last issued its quarterly earnings data on Tuesday, April 23rd. The financial services provider reported $0.71 earnings per share (EPS) for the quarter. The company had revenue of $12.00 million for the quarter. QNB had a net margin of 10.12% and a return on equity of 9.38%.

QNB Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were given a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 6.31%. The ex-dividend date of this dividend was Friday, June 14th. QNB’s dividend payout ratio (DPR) is presently 67.58%.

About QNB

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.