QNB (OTCMKTS:QNBC) Share Price Crosses Below 200-Day Moving Average – What’s Next?

QNB Corp. (OTCMKTS:QNBCGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $34.84 and traded as low as $34.70. QNB shares last traded at $34.70, with a volume of 285 shares trading hands.

QNB Stock Performance

The firm has a market cap of $129.43 million, a PE ratio of 9.80 and a beta of 0.45. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.32. The firm’s 50 day simple moving average is $35.08 and its 200 day simple moving average is $34.84.

QNB (OTCMKTS:QNBCGet Free Report) last issued its quarterly earnings data on Tuesday, October 28th. The financial services provider reported $1.09 earnings per share for the quarter. QNB had a return on equity of 12.16% and a net margin of 13.46%.The firm had revenue of $14.85 million during the quarter.

About QNB

(Get Free Report)

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.

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