QNB (OTCMKTS:QNBC) Share Price Passes Below Two Hundred Day Moving Average of $24.28

QNB Corp. (OTCMKTS:QNBC)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $24.28 and traded as low as $23.65. QNB shares last traded at $23.65, with a volume of 100 shares changing hands.

QNB Stock Performance

The stock has a market capitalization of $86.56 million, a price-to-earnings ratio of 8.99 and a beta of 0.49. The company’s 50 day moving average is $24.13 and its 200 day moving average is $24.28. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.73 and a current ratio of 0.73.

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

QNB Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 6.26%. The ex-dividend date was Thursday, March 14th. QNB’s dividend payout ratio is 56.27%.

About QNB

QNB Corp. operates as the bank holding company for QNB Bank that engages in the provision of commercial and retail banking products, and retail brokerage 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.