Quaint Oak Bancorp (OTCMKTS:QNTO) Stock Passes Above 50-Day Moving Average – Here’s Why

Quaint Oak Bancorp, Inc. (OTCMKTS:QNTO)’s share price crossed 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 Trading Up 0.5 %

The stock has a fifty day moving average of $10.63 and a two-hundred day moving average of $10.64. The company has a market capitalization of $28.01 million, a PE ratio of 9.77 and a beta of 0.14. The company has a current ratio of 1.10, a quick ratio of 0.99 and a debt-to-equity ratio of 0.56.

Quaint Oak Bancorp (OTCMKTS:QNTO) last posted its quarterly earnings results on Friday, January 31st. The financial services provider reported $0.60 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 Announces Dividend

The firm 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. The ex-dividend date of this dividend was Monday, January 27th. This represents a $0.52 annualized dividend and a yield of 4.88%. 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.