Quaint Oak Bancorp (OTCMKTS:QNTO) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

Quaint Oak Bancorp Inc. (OTCMKTS:QNTO)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $9.85 and traded as high as $11.4999. Quaint Oak Bancorp shares last traded at $11.37, with a volume of 3,200 shares trading hands.

Quaint Oak Bancorp Stock Up 5.2%

The firm has a market capitalization of $30.02 million and a price-to-earnings ratio of 17.49. The company has a quick ratio of 1.08, a current ratio of 1.18 and a debt-to-equity ratio of 1.24. The company’s 50 day moving average price is $9.85 and its 200 day moving average price is $10.23.

Quaint Oak Bancorp (OTCMKTS:QNTO) last released 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 firm had revenue of $6.14 million during the quarter.

Quaint Oak Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 3rd. Stockholders of record on Monday, October 20th were paid a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 1.4%. Quaint Oak Bancorp’s payout ratio is 24.62%.

About Quaint Oak Bancorp

Quaint Oak Bancorp is a bank holding company headquartered in Lakeville, Connecticut, whose sole banking subsidiary, Quaint Oak Bank, serves communities in western Connecticut. The institution operates branch offices across Litchfield County, providing relationship-driven banking services tailored to individuals, families and small businesses. Quaint Oak Bancorp’s regional focus emphasizes local decision-making and community engagement.

The company offers a full suite of deposit products, including checking and savings accounts, certificates of deposit and money market accounts.