QNB (OTCMKTS:QNBC) Share Price Passes Above Fifty Day Moving Average – What’s Next?

QNB Corp. (OTCMKTS:QNBC)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $31.89 and traded as high as $34.00. QNB shares last traded at $34.00, with a volume of 230 shares.

QNB Stock Performance

The firm has a market cap of $125.46 million, a price-to-earnings ratio of 13.08 and a beta of 0.51. The stock’s fifty day moving average is $32.08 and its two-hundred day moving average is $28.97. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.77 and a current ratio of 0.77.

QNB (OTCMKTS:QNBC) last posted its earnings results on Tuesday, October 22nd. The financial services provider reported $0.91 EPS for the quarter. QNB had a return on equity of 9.86% and a net margin of 11.00%. The firm had revenue of $13.09 million for the quarter.

QNB Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be given a dividend of $0.37 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 4.35%. QNB’s dividend payout ratio (DPR) is 56.92%.

QNB Company Profile

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.