QNB (OTCMKTS:QNBC) Stock Crosses Below 200 Day Moving Average - Here's Why

QNB Corp. (OTCMKTS:QNBC - Get Free Report)'s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $33.93 and traded as low as $33.52. QNB shares last traded at $33.91, with a volume of 500 shares traded.

QNB Price Performance

The firm has a market cap of $130.41 million, a PE ratio of 11.27 and a beta of 0.49. The company's 50-day simple moving average is $35.09 and its two-hundred day simple moving average is $34.08. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.77 and a current ratio of 0.77.

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 for the quarter. The company had revenue of $13.12 million for the quarter. QNB had a return on equity of 11.61% and a net margin of 12.58%.

QNB Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were given a $0.38 dividend. The ex-dividend date was Friday, March 14th. This is a boost from QNB's previous quarterly dividend of $0.37. This represents a $1.52 annualized dividend and a yield of 4.32%. QNB's dividend payout ratio is 49.03%.

QNB Company Profile

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.