Quaint Oak Bancorp (OTCMKTS:QNTO) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Shares of Quaint Oak Bancorp Inc. (OTCMKTS:QNTO) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $10.96 and traded as high as $12.16. Quaint Oak Bancorp shares last traded at $12.16, with a volume of 2,274 shares.

Quaint Oak Bancorp Price Performance

The company has a current ratio of 1.18, a quick ratio of 1.08 and a debt-to-equity ratio of 1.24. The firm has a market capitalization of $32.10 million, a PE ratio of 18.71 and a beta of -0.05. The company has a fifty day moving average price of $10.96 and a two-hundred day moving average price of $10.34.

Quaint Oak Bancorp (OTCMKTS:QNTO) last released its quarterly earnings results on Thursday, October 30th. The financial services provider reported ($0.02) earnings per share (EPS) for the quarter. Quaint Oak Bancorp had a return on equity of 3.30% and a net margin of 3.47%.The firm had revenue of $6.14 million for the quarter.

About Quaint Oak Bancorp

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.