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QNB (OTCMKTS:QNBC) Stock Price Passes Above Fifty Day Moving Average - Here's Why

QNB logo with Finance background

QNB Corp. (OTCMKTS:QNBC - Get Free Report) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $34.93 and traded as high as $35.00. QNB shares last traded at $34.60, with a volume of 1,166 shares changing hands.

QNB Price Performance

The company has a debt-to-equity ratio of 0.66, a current ratio of 0.77 and a quick ratio of 0.77. The stock has a market capitalization of $124.66 million, a P/E ratio of 10.77 and a beta of 0.49. The firm has a 50 day moving average of $34.86 and a 200-day moving average of $34.34.

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

QNB Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be paid a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 4.52%. QNB's dividend payout ratio is currently 49.03%.

QNB Company Profile

(Get Free Report)

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.

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