Quaint Oak Bancorp (OTCMKTS:QNTO) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Quaint Oak Bancorp, Inc. (OTCMKTS:QNTO) 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 trading hands.

Quaint Oak Bancorp Stock Performance

The company has a quick ratio of 0.99, a current ratio of 1.10 and a debt-to-equity ratio of 0.56. The stock has a 50 day simple moving average of $10.76 and a two-hundred day simple moving average of $10.70. The stock has a market capitalization of $27.62 million, a P/E ratio of 10.71 and a beta of 0.13.

Quaint Oak Bancorp (OTCMKTS:QNTO) last posted its 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 return on equity of 5.76% and a net margin of 4.27%.

Quaint Oak Bancorp Announces Dividend

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

Quaint Oak Bancorp Company Profile

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.