QNB (OTCMKTS:QNBC) Stock Crosses Below Two Hundred Day Moving Average - Should You Sell?

Key Points

• QNB Corp. shares fell below their 200-day moving average of $34.74, trading as low as $34.16 recently.
• The company reported $1.04 earnings per share with a net margin of 13.34% and a return on equity of 11.95% in its latest quarterly earnings.
• QNB announced a quarterly dividend of $0.38 per share, translating to an annualized dividend of $1.52 and a yield of 4.4%.

QNB Corp. (OTCMKTS:QNBC - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $34.74 and traded as low as $34.16. QNB shares last traded at $34.74, with a volume of 3,309 shares changing hands.

QNB Price Performance

The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.35. The company has a market cap of $129.58 million, a PE ratio of 10.01 and a beta of 0.49. The business's 50 day moving average price is $35.35 and its 200-day moving average price is $34.74.

QNB (OTCMKTS:QNBC - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $1.04 earnings per share for the quarter. QNB had a net margin of 13.34% and a return on equity of 11.95%. The business had revenue of $14.30 million during the quarter.

QNB Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Friday, September 12th were given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.4%. QNB's payout ratio is currently 43.80%.

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.

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