QNB (OTCMKTS:QNBC) Stock Price Crosses Below 200 Day Moving Average - What's Next?

Key Points

• QNB Corp. shares have fallen below their 200-day moving average, trading as low as $34.01, compared to the average of $34.52.
• The company reported $1.04 earnings per share for the last quarter, with a revenue of $14.30 million and a net margin of 13.34%.
• QNB recently announced a $0.38 per share quarterly dividend, translating to an annualized yield of 4.38% with a payout ratio of 49.03%.

QNB Corp. (OTCMKTS:QNBC - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $34.52 and traded as low as $34.01. QNB shares last traded at $34.70, with a volume of 306 shares changing hands.

QNB Trading Down 0.1%

The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.76 and a current ratio of 0.76. The business's 50 day moving average price is $34.07 and its two-hundred day moving average price is $34.53. The company has a market capitalization of $129.08 million, a price-to-earnings ratio of 10.00 and a beta of 0.47.

QNB (OTCMKTS:QNBC - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $1.04 earnings per share for the quarter. The business had revenue of $14.30 million during the quarter. QNB had a return on equity of 12.16% and a net margin of 13.34%.

QNB Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Friday, June 13th were given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 4.38%. QNB's dividend 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.