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

Key Points

• QNB Corp. (OTCMKTS:QNBC) shares fell below their two hundred day moving average of $34.76, trading as low as $34.65 during Thursday's session.
• The company reported a quarterly EPS of $1.04 with revenue of $14.30 million and a net margin of 13.34% during its latest earnings announcement.
• QNB recently declared a quarterly dividend of $0.38 per share, resulting in an annual dividend yield of 4.4% with a payout ratio of 43.80%.

QNB Corp. (OTCMKTS:QNBC - Get Free Report)'s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $34.76 and traded as low as $34.65. QNB shares last traded at $34.80, with a volume of 1,740 shares trading hands.

QNB Stock Performance

The stock has a market capitalization of $129.80 million, a price-to-earnings ratio of 10.03 and a beta of 0.49. The company has a 50 day simple moving average of $35.37 and a 200-day simple moving average of $34.76. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.35.

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

QNB Dividend Announcement

The business also recently disclosed 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 dividend payout ratio (DPR) is presently 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.