Quaint Oak Bancorp (OTCMKTS:QNTO) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Quaint Oak Bancorp, Inc. (OTCMKTS:QNTO) passed 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 $10.67. Quaint Oak Bancorp shares last traded at $10.67, with a volume of 411 shares trading hands.

Quaint Oak Bancorp Stock Performance

The business’s fifty day moving average price is $10.59 and its 200-day moving average price is $10.71. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.99 and a current ratio of 1.10. The stock has a market cap of $28.03 million, a PE ratio of 9.79 and a beta of 0.15.

Quaint Oak Bancorp (OTCMKTS:QNTO) last announced its quarterly earnings results on Friday, January 31st. The financial services provider reported $0.60 earnings per share (EPS) for the quarter. Quaint Oak Bancorp had a net margin of 5.28% and a return on equity of 6.63%.

Quaint Oak Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, February 10th. Investors of record on Monday, January 27th were issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.87%. The ex-dividend date of this dividend was Monday, January 27th. Quaint Oak Bancorp’s payout ratio is 47.71%.

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.