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

From Market Beat

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

Shares of QNB Corp. (OTCMKTS:QNBC - Get 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.

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:QNBC - Get 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%.

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%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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