Quaint Oak Bancorp (OTCMKTS:QNTO) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Quaint Oak Bancorp, Inc. (OTCMKTS:QNTO)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.70 and traded as low as $10.50. Quaint Oak Bancorp shares last traded at $10.50, with a volume of 111 shares changing hands.

Quaint Oak Bancorp Stock Up 1.8 %

The business’s 50 day simple moving average is $10.76 and its 200-day simple moving average is $10.70. The company has a market cap of $27.62 million, a price-to-earnings ratio of 10.71 and a beta of 0.13. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.99 and a current ratio of 1.10.

Quaint Oak Bancorp (OTCMKTS:QNTO) last released its quarterly earnings results on Thursday, October 31st. The financial services provider reported $0.09 earnings per share for the quarter. The business had revenue of $5.46 million for the quarter. Quaint Oak Bancorp had a net margin of 4.27% and a return on equity of 5.76%.

Quaint Oak Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 10th. Stockholders of record on Monday, January 27th will be issued a dividend of $0.13 per share. The ex-dividend date of this dividend is Monday, January 27th. This represents a $0.52 annualized dividend and a dividend yield of 4.95%. Quaint Oak Bancorp’s payout ratio is 53.06%.

About Quaint Oak Bancorp

Quaint Oak Bancorp, Inc operates as the holding company for Quaint Oak Bank that provides banking products and services in Pennsylvania. It offers various deposit products, including money market accounts, certificates of deposit, interest and non-interest-bearing checking accounts for businesses and consumers, and savings accounts.