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

Quaint Oak Bancorp Inc. (OTCMKTS:QNTO) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $16.48 and traded as high as $17.35. Quaint Oak Bancorp shares last traded at $16.70, with a volume of 18,049 shares changing hands.

Quaint Oak Bancorp Stock Down 0.9%

The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.01 and a current ratio of 1.10. The company has a fifty day simple moving average of $16.48 and a two-hundred day simple moving average of $13.70. The firm has a market capitalization of $44.09 million, a PE ratio of 79.52 and a beta of -0.09.

Quaint Oak Bancorp (OTCMKTS:QNTO) last announced its quarterly earnings results on Thursday, April 30th. The financial services provider reported $0.06 EPS for the quarter. The firm had revenue of $6.51 million for the quarter. Quaint Oak Bancorp had a return on equity of 1.09% and a net margin of 1.19%.

About Quaint Oak Bancorp

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.