Quaint Oak Bancorp (OTCMKTS:QNTO) Stock Price Passes Above Fifty Day Moving Average – Here’s Why

Quaint Oak Bancorp, Inc. (OTCMKTS:QNTO) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $10.63 and traded as high as $10.70. Quaint Oak Bancorp shares last traded at $10.65, with a volume of 1,061 shares changing hands.

Quaint Oak Bancorp Price Performance

The stock’s fifty day moving average price is $10.61 and its 200-day moving average price is $10.64. The company has a current ratio of 1.10, a quick ratio of 0.99 and a debt-to-equity ratio of 0.56. The firm has a market cap of $28.37 million, a price-to-earnings ratio of 9.91 and a beta of 0.14.

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

Quaint Oak Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, February 10th. Investors of record on Monday, January 27th were given a $0.13 dividend. The ex-dividend date of this dividend was Monday, January 27th. This represents a $0.52 dividend on an annualized basis and a yield of 4.81%. Quaint Oak Bancorp’s dividend payout ratio (DPR) is presently 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.