Quaint Oak Bancorp (OTCMKTS:QNTO) Shares Pass Above Fifty Day Moving Average – Should You Sell?

Quaint Oak Bancorp, Inc. (OTCMKTS:QNTO)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $10.42 and traded as high as $11.11. Quaint Oak Bancorp shares last traded at $11.11, with a volume of 0 shares trading hands.

Quaint Oak Bancorp Price Performance

The firm has a market capitalization of $28.26 million, a P/E ratio of 13.78 and a beta of 0.14. The business has a 50-day moving average of $10.45 and a 200 day moving average of $10.60. The company has a current ratio of 1.12, a quick ratio of 1.11 and a debt-to-equity ratio of 0.79.

Quaint Oak Bancorp (OTCMKTS:QNTO) last issued its earnings results on Thursday, August 1st. The financial services provider reported $0.04 EPS for the quarter. Quaint Oak Bancorp had a return on equity of 4.86% and a net margin of 3.23%. The business had revenue of $5.38 million during the quarter.

Quaint Oak Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Monday, October 28th will be paid a dividend of $0.13 per share. The ex-dividend date is Monday, October 28th. This represents a $0.52 dividend on an annualized basis and a yield of 4.84%. Quaint Oak Bancorp’s dividend payout ratio (DPR) is currently 66.67%.

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.