QNB (OTCMKTS:QNBC) Stock Crosses Below 200 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 two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 traded.

QNB Trading Down 0.4%

The company has a debt-to-equity ratio of 0.35, a current ratio of 0.75 and a quick ratio of 0.75. The stock's 50-day moving average is $34.97 and its two-hundred day moving average is $34.78. The stock has a market cap of $132.47 million, a P/E ratio of 10.26 and a beta of 0.49.

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

QNB Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 26th. Shareholders 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 yield of 4.3%. QNB's dividend payout ratio (DPR) 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.