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

QNB Corp. (OTCMKTS:QNBC - Get Free Report)'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $34.36 and traded as low as $34.03. QNB shares last traded at $34.03, with a volume of 200 shares trading hands.

QNB Stock Performance

The stock has a market capitalization of $126.25 million, a price-to-earnings ratio of 10.91 and a beta of 0.49. The company's fifty day simple moving average is $34.69 and its 200 day simple moving average is $34.37. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.66.

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

QNB Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.47%. QNB's payout ratio is presently 49.03%.

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.