QNB (OTCMKTS:QNBC) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Shares of QNB Corp. (OTCMKTS:QNBCGet Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty 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 changing hands.

QNB Stock Up 3.0 %

The stock has a 50 day moving average price of $31.89 and a 200 day moving average price of $28.86. The company has a market cap of $125.46 million, a P/E ratio of 13.08 and a beta of 0.51. 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:QNBCGet Free Report) last released its quarterly earnings data on Tuesday, October 22nd. The financial services provider reported $0.91 earnings per share for the quarter. The business had revenue of $13.09 million during the quarter. QNB had a return on equity of 9.86% and a net margin of 11.00%.

QNB Dividend Announcement

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

About QNB

(Get Free Report)

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.

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