Quaint Oak Bancorp (OTCMKTS:QNTO) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Quaint Oak Bancorp, Inc. (OTCMKTS:QNTO)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.70 and traded as low as $10.50. Quaint Oak Bancorp shares last traded at $10.50, with a volume of 111 shares changing hands.

Quaint Oak Bancorp Price Performance

The company has a market cap of $27.62 million, a price-to-earnings ratio of 10.71 and a beta of 0.13. The company has a quick ratio of 0.99, a current ratio of 1.10 and a debt-to-equity ratio of 0.56. The company’s fifty day moving average price is $10.76 and its two-hundred day moving average price is $10.70.

Quaint Oak Bancorp (OTCMKTS:QNTO) last released its quarterly earnings results on Thursday, October 31st. The financial services provider reported $0.09 earnings per share for the quarter. Quaint Oak Bancorp had a net margin of 4.27% and a return on equity of 5.76%. The company had revenue of $5.46 million during the quarter.

Quaint Oak Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 10th. Investors of record on Monday, January 27th will be given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 4.95%. The ex-dividend date of this dividend is Monday, January 27th. Quaint Oak Bancorp’s dividend payout ratio (DPR) is currently 53.06%.

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.