Quaint Oak Bancorp (OTCMKTS:QNTO) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Quaint Oak Bancorp Inc. (OTCMKTS:QNTO)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $10.22 and traded as low as $10.00. Quaint Oak Bancorp shares last traded at $10.26, with a volume of 9,504 shares changing hands.

Quaint Oak Bancorp Stock Performance

The company has a market cap of $27.09 million and a P/E ratio of 15.78. The company’s fifty day moving average is $9.78 and its 200 day moving average is $10.22. The company has a current ratio of 1.18, a quick ratio of 1.08 and a debt-to-equity ratio of 1.24.

Quaint Oak Bancorp (OTCMKTS:QNTO) last posted its quarterly earnings results on Thursday, October 30th. The financial services provider reported ($0.02) earnings per share (EPS) for the quarter. Quaint Oak Bancorp had a net margin of 3.47% and a return on equity of 3.30%. The business had revenue of $6.14 million for the quarter.

Quaint Oak Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, November 3rd. Investors of record on Monday, October 20th were given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 1.6%. Quaint Oak Bancorp’s payout ratio is 24.62%.

About Quaint Oak Bancorp

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.