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

Quaint Oak Bancorp, Inc. (OTCMKTS:QNTO)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty 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.

Quaint Oak Bancorp Stock Down 3.2 %

The stock has a 50-day moving average of $10.45 and a 200-day moving average of $10.60. The firm has a market cap of $28.26 million, a price-to-earnings ratio of 13.78 and a beta of 0.14. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.12 and a quick ratio of 1.11.

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

Quaint Oak Bancorp Announces Dividend

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