Quaint Oak Bancorp (OTCMKTS:QNTO) Stock Price Up 1.3% – Here’s Why

Quaint Oak Bancorp, Inc. (OTCMKTS:QNTO) traded up 1.3% during mid-day trading on Thursday . The company traded as high as $11.19 and last traded at $11.19. 1,514 shares traded hands during mid-day trading, an increase of 6% from the average session volume of 1,426 shares. The stock had previously closed at $11.05.

Quaint Oak Bancorp Price Performance

The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.99 and a current ratio of 1.10. The stock’s fifty day simple moving average is $11.02 and its two-hundred day simple moving average is $10.76. The stock has a market capitalization of $29.46 million, a P/E ratio of 11.42 and a beta of 0.13.

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

Quaint Oak Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Monday, October 28th were given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 4.65%. The ex-dividend date of this dividend was Monday, October 28th. Quaint Oak Bancorp’s dividend payout ratio (DPR) is presently 53.06%.

Quaint Oak Bancorp Company Profile

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.