QNB (OTCMKTS:QNBC) Shares Pass Below Two Hundred Day Moving Average of $24.39

QNB Corp. (OTCMKTS:QNBC) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $24.39 and traded as low as $23.45. QNB shares last traded at $23.45, with a volume of 400 shares changing hands.

QNB Stock Down 0.3 %

The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.74 and a current ratio of 0.74. The firm has a market capitalization of $85.80 million, a P/E ratio of 10.71 and a beta of 0.52. The stock has a fifty day moving average price of $23.32 and a two-hundred day moving average price of $24.39.

QNB (OTCMKTS:QNBC) last issued its quarterly earnings results on Tuesday, April 23rd. The financial services provider reported $0.71 earnings per share for the quarter. QNB had a return on equity of 9.38% and a net margin of 10.12%. The business had revenue of $12.00 million during the quarter.

QNB Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were issued a $0.37 dividend. The ex-dividend date of this dividend was Friday, June 14th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 6.33%. QNB’s dividend payout ratio (DPR) is 67.58%.

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.