QNB (OTCMKTS:QNBC) Share Price Crosses Below Two Hundred Day Moving Average of $24.29

QNB Corp. (OTCMKTS:QNBC) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $24.29 and traded as low as $23.60. QNB shares last traded at $24.20, with a volume of 709 shares changing hands.

QNB Trading Down 0.2 %

The stock has a market capitalization of $88.33 million, a price-to-earnings ratio of 9.20 and a beta of 0.49. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.73 and a current ratio of 0.73. The business has a 50-day moving average of $24.86 and a 200-day moving average of $24.29.

QNB (OTCMKTS:QNBC) last announced its earnings results on Tuesday, January 23rd. The financial services provider reported $0.31 earnings per share (EPS) for the quarter. The firm had revenue of $10.48 million during the quarter. QNB had a return on equity of 11.50% and a net margin of 12.83%.

QNB Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 28th. Shareholders of record on Friday, March 15th will be given a dividend of $0.37 per share. The ex-dividend date is Thursday, March 14th. This represents a $1.48 dividend on an annualized basis and a yield of 6.12%. QNB’s payout ratio is 56.27%.

About QNB

QNB Corp. operates as the bank holding company for QNB Bank that provides commercial and retail banking products and 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.