Quaint Oak Bancorp (OTCMKTS:QNTO) Share Price Crosses Below 200-Day Moving Average of $10.68

Quaint Oak Bancorp, Inc. (OTCMKTS:QNTO)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.68 and traded as low as $10.40. Quaint Oak Bancorp shares last traded at $10.40, with a volume of 271 shares trading hands.

Quaint Oak Bancorp Price Performance

The company has a quick ratio of 1.11, a current ratio of 1.12 and a debt-to-equity ratio of 0.79. The stock has a fifty day moving average of $10.51 and a two-hundred day moving average of $10.68. The stock has a market cap of $27.34 million, a price-to-earnings ratio of 10.51 and a beta of 0.14.

Quaint Oak Bancorp (OTCMKTS:QNTO) last announced its quarterly earnings results on Thursday, August 1st. The financial services provider reported $0.04 earnings per share (EPS) for the quarter. Quaint Oak Bancorp had a net margin of 3.23% and a return on equity of 4.86%. 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 was paid on Monday, August 5th. Stockholders of record on Monday, July 22nd were given a dividend of $0.13 per share. The ex-dividend date was Monday, July 22nd. This represents a $0.52 dividend on an annualized basis and a dividend yield of 5.00%. Quaint Oak Bancorp’s payout ratio is 52.53%.

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.