Quaint Oak Bancorp (OTCMKTS:QNTO) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Quaint Oak Bancorp Inc. (OTCMKTS:QNTO)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $15.64 and traded as low as $14.44. Quaint Oak Bancorp shares last traded at $14.70, with a volume of 1,000 shares traded.

Quaint Oak Bancorp Stock Up 1.4%

The company has a current ratio of 1.10, a quick ratio of 1.03 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $38.95 million, a price-to-earnings ratio of 50.69 and a beta of -0.06. The firm’s fifty day simple moving average is $14.40 and its two-hundred day simple moving average is $15.64.

Quaint Oak Bancorp (OTCMKTS:QNTO) last announced its quarterly earnings results on Thursday, July 30th. The financial services provider reported $0.18 earnings per share (EPS) for the quarter. Quaint Oak Bancorp had a net margin of 1.64% and a return on equity of 1.49%. The business had revenue of $6.88 million during the quarter.

Quaint Oak Bancorp Company Profile

Quaint Oak Bancorp, Inc is the holding company for Quaint Oak Bank, a community banking institution headquartered in Southampton, Pennsylvania. Through its banking subsidiary, the company provides deposit products and lending services to individuals, families, businesses and real estate investors.

Quaint Oak Bank’s lending activities include residential mortgage loans, commercial real estate loans, construction financing and other commercial and consumer loans. Its deposit offerings generally include checking, savings, money market and certificate of deposit accounts, along with related traditional banking services.

The bank traces its origins to Quaint Oak Building and Loan Association, which was established in 1926.