Quaint Oak Bancorp (OTCMKTS:QNTO) Stock Crosses Above 50 Day Moving Average – Time to Sell?

Quaint Oak Bancorp Inc. (OTCMKTS:QNTO)’s stock price passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $14.56 and traded as high as $14.75. Quaint Oak Bancorp shares last traded at $14.75, with a volume of 1,600 shares changing hands.

Quaint Oak Bancorp Price Performance

The firm has a market cap of $39.09 million, a P/E ratio of 50.86 and a beta of -0.05. 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 firm has a 50-day simple moving average of $14.56 and a 200-day simple moving average of $15.51.

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

Quaint Oak Bancorp Company Profile

Quaint Oak Bancorp, Inc is the holding company for Quaint Oak Bank, a community-oriented financial institution headquartered in Southampton, Pennsylvania. The bank traces its origins to 1926 and serves individuals, families, and businesses in southeastern Pennsylvania.

Quaint Oak Bank offers traditional banking products, including checking and savings accounts, certificates of deposit, and other deposit services. Its lending activities include residential mortgage loans, commercial real estate financing, business loans, home equity loans, and consumer lending.

Through related operations, the company also provides mortgage banking and real estate services.