QNB (OTCMKTS:QNBC) Shares Pass Below Two Hundred Day Moving Average - Should You Sell?

Key Points

• QNB Corp. shares fell below the 200-day moving average of $34.59, trading as low as $34.52 before closing at $35.09.
• The company reported an EPS of $1.04 and revenue of $14.30 million, with a net margin of 13.34% and a return on equity of 12.16%.
• QNB announced a quarterly dividend of $0.38, resulting in an annualized dividend of $1.52 and a yield of 4.3%.

Shares of QNB Corp. (OTCMKTS:QNBC - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $34.59 and traded as low as $34.52. QNB shares last traded at $35.09, with a volume of 2,430 shares trading hands.

QNB Price Performance

The firm's fifty day moving average price is $34.26 and its 200 day moving average price is $34.61. The firm has a market capitalization of $130.16 million, a PE ratio of 10.08 and a beta of 0.49. The company has a current ratio of 0.75, a quick ratio of 0.76 and a debt-to-equity ratio of 0.35.

QNB (OTCMKTS:QNBC - Get Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $1.04 earnings per share (EPS) 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 for the quarter.

QNB Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Friday, June 13th were issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 4.3%. QNB's dividend payout ratio (DPR) 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.