Quaint Oak Bancorp (OTCMKTS:QNTO) Shares Pass Below 200-Day Moving Average – Should You Sell?

Quaint Oak Bancorp, Inc. (OTCMKTS:QNTO)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $10.66 and traded as low as $10.60. Quaint Oak Bancorp shares last traded at $10.60, with a volume of 200 shares.

Quaint Oak Bancorp Trading Down 0.6 %

The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.99 and a current ratio of 1.10. The company’s fifty day simple moving average is $10.56 and its 200-day simple moving average is $10.66. The company has a market capitalization of $27.85 million, a P/E ratio of 9.72 and a beta of 0.14.

Quaint Oak Bancorp (OTCMKTS:QNTO) last issued its earnings results on Friday, January 31st. The financial services provider reported $0.60 earnings per share (EPS) for the quarter. Quaint Oak Bancorp had a net margin of 5.28% and a return on equity of 6.63%.

Quaint Oak Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, February 10th. Shareholders of record on Monday, January 27th were given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 4.91%. The ex-dividend date was Monday, January 27th. Quaint Oak Bancorp’s payout ratio is 47.71%.

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.