Quaint Oak Bancorp (OTCMKTS:QNTO) Share Price Passes Above 50-Day Moving Average – Here’s Why

Quaint Oak Bancorp Inc. (OTCMKTS:QNTO) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $11.46 and traded as high as $15.10. Quaint Oak Bancorp shares last traded at $15.0238, with a volume of 1,670 shares changing hands.

Quaint Oak Bancorp Stock Up 10.3%

The company has a market capitalization of $39.66 million, a PE ratio of 125.20 and a beta of -0.04. The company has a current ratio of 1.18, a quick ratio of 1.08 and a debt-to-equity ratio of 1.24. The firm has a 50 day simple moving average of $11.46 and a two-hundred day simple moving average of $10.49.

Quaint Oak Bancorp (OTCMKTS:QNTO) last released its quarterly earnings results on Monday, February 2nd. The financial services provider reported $0.07 EPS for the quarter. Quaint Oak Bancorp had a return on equity of 0.62% and a net margin of 0.67%.The business had revenue of $6.56 million during the quarter.

Quaint Oak Bancorp Company Profile

Quaint Oak Bancorp is a bank holding company headquartered in Lakeville, Connecticut, whose sole banking subsidiary, Quaint Oak Bank, serves communities in western Connecticut. The institution operates branch offices across Litchfield County, providing relationship-driven banking services tailored to individuals, families and small businesses. Quaint Oak Bancorp’s regional focus emphasizes local decision-making and community engagement.

The company offers a full suite of deposit products, including checking and savings accounts, certificates of deposit and money market accounts.