QNB (OTCMKTS:QNBC) Share Price Passes Below Two Hundred Day Moving Average of $24.28

QNB Corp. (OTCMKTS:QNBC)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $24.28 and traded as low as $23.65. QNB shares last traded at $23.65, with a volume of 100 shares.

QNB Stock Performance

The company has a debt-to-equity ratio of 0.22, a current ratio of 0.73 and a quick ratio of 0.73. The business’s 50 day moving average price is $24.13 and its 200-day moving average price is $24.28. The firm has a market capitalization of $86.56 million, a price-to-earnings ratio of 8.99 and a beta of 0.49.

QNB (OTCMKTS:QNBC) last issued its earnings results on Tuesday, January 23rd. The financial services provider reported $0.31 earnings per share for the quarter. QNB had a net margin of 12.83% and a return on equity of 11.50%. The company had revenue of $10.48 million for the quarter.

QNB Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were issued a $0.37 dividend. The ex-dividend date was Thursday, March 14th. This represents a $1.48 dividend on an annualized basis and a yield of 6.26%. QNB’s dividend payout ratio (DPR) is presently 56.27%.

About QNB

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.