Quaint Oak Bancorp (OTCMKTS:QNTO) Share Price Breaks Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Quaint Oak Bancorp Inc. (OTCMKTS:QNTO) passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $15.28 and traded as high as $15.5625. Quaint Oak Bancorp shares last traded at $15.4125, with a volume of 800 shares changing hands.

Quaint Oak Bancorp Price Performance

The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.03 and a current ratio of 1.10. The firm has a market cap of $40.84 million, a P/E ratio of 28.02 and a beta of -0.08. The company has a 50-day moving average of $14.65 and a 200 day moving average of $15.28.

Quaint Oak Bancorp (OTCMKTS:QNTO) last announced its quarterly earnings results on Tuesday, October 27th. The financial services provider reported $0.24 earnings per share for the quarter. Quaint Oak Bancorp had a return on equity of 2.77% and a net margin of 3.05%. The firm had revenue of $7.42 million for the quarter.

Quaint Oak Bancorp Company Profile

Quaint Oak Bancorp, Inc. is the holding company for Quaint Oak Bank, a community bank headquartered in Southampton, Pennsylvania. Through its banking subsidiary, the company provides deposit, lending and other financial services to individuals, families and businesses in southeastern Pennsylvania. Quaint Oak Bank offers checking, savings, money market and certificate of deposit accounts, along with online and mobile banking services. Its lending activities include residential mortgages, home equity loans, commercial real estate loans, construction financing and other business and consumer loans.