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

Key Points

• QNB Corp.'s stock price fell below its 200-day moving average of $34.77, trading at $34.76, signaling potential bearish momentum.
• The company reported a $1.04 EPS and $14.30 million in revenue for the last quarter, with a return on equity of 11.95%.
• QNB announced a quarterly dividend of $0.38 per share, representing a 4.3% dividend yield and a payout ratio of 43.80%.

QNB Corp. (OTCMKTS:QNBC - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $34.77 and traded as low as $34.76. QNB shares last traded at $35.75, with a volume of 400 shares trading hands.

QNB Price Performance

The company has a market capitalization of $132.99 million, a P/E ratio of 10.30 and a beta of 0.49. The company has a fifty day moving average price of $34.83 and a 200 day moving average price of $34.77. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.75 and a quick ratio of 0.75.

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

QNB Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 26th. Stockholders of record on Friday, September 12th will be given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 4.3%. QNB's dividend payout ratio is presently 43.80%.

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.

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