QNB (OTCMKTS:QNBC) Stock Crosses Above 50-Day Moving Average – What’s Next?

QNB Corp. (OTCMKTS:QNBC)’s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $35.28 and traded as high as $35.50. QNB shares last traded at $35.48, with a volume of 2,939 shares trading hands.

QNB Price Performance

The firm has a fifty day moving average of $35.28 and a two-hundred day moving average of $34.75. The stock has a market capitalization of $132.34 million, a P/E ratio of 10.22 and a beta of 0.49. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.75 and a quick ratio of 0.75.

QNB (OTCMKTS:QNBC) last posted its earnings results on Tuesday, July 22nd. The financial services provider reported $1.04 EPS for the quarter. QNB had a net margin of 13.34% and a return on equity of 11.95%. The business had revenue of $14.30 million for the quarter.

QNB Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Friday, September 12th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 4.3%. QNB’s dividend payout ratio (DPR) is 43.80%.

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.