Quaint Oak Bancorp (OTCMKTS:QNTO) Share Price Crosses Below 200-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 $10.22 and traded as low as $10.00. Quaint Oak Bancorp shares last traded at $10.26, with a volume of 9,504 shares changing hands.

Quaint Oak Bancorp Stock Up 0.6%

The stock has a fifty day moving average price of $9.78 and a two-hundred day moving average price of $10.22. The company has a market cap of $27.09 million and a P/E ratio of 15.78. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.18 and a quick ratio of 1.08.

Quaint Oak Bancorp (OTCMKTS:QNTO) last announced its earnings results on Thursday, October 30th. The financial services provider reported ($0.02) earnings per share (EPS) for the quarter. Quaint Oak Bancorp had a net margin of 3.47% and a return on equity of 3.30%. The business had revenue of $6.14 million for the quarter.

Quaint Oak Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 3rd. Investors of record on Monday, October 20th were given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.6%. Quaint Oak Bancorp’s dividend payout ratio (DPR) is presently 24.62%.

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.