Quaint Oak Bancorp (OTCMKTS:QNTO) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

Quaint Oak Bancorp Inc. (OTCMKTS:QNTO) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $16.65 and traded as high as $16.85. Quaint Oak Bancorp shares last traded at $16.85, with a volume of 1,460 shares changing hands.

Quaint Oak Bancorp Stock Performance

The business’s 50 day moving average price is $16.67 and its two-hundred day moving average price is $14.04. The company has a current ratio of 1.10, a quick ratio of 1.01 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $44.53 million, a price-to-earnings ratio of 80.24 and a beta of -0.08.

Quaint Oak Bancorp (OTCMKTS:QNTO) last posted its quarterly earnings results on Thursday, April 30th. The financial services provider reported $0.06 earnings per share for the quarter. Quaint Oak Bancorp had a net margin of 1.19% and a return on equity of 1.09%. The company had revenue of $6.51 million for the quarter.

Quaint Oak Bancorp Company Profile

Quaint Oak Bancorp is a bank holding company headquartered in Lakeville, Connecticut, whose sole banking subsidiary, Quaint Oak Bank, serves communities in western Connecticut. The institution operates branch offices across Litchfield County, providing relationship-driven banking services tailored to individuals, families and small businesses. Quaint Oak Bancorp’s regional focus emphasizes local decision-making and community engagement.

The company offers a full suite of deposit products, including checking and savings accounts, certificates of deposit and money market accounts.