Quaint Oak Bancorp (OTCMKTS:QNTO) Shares Break Above 200-Day Moving Average – Should You Sell?

Quaint Oak Bancorp Inc. (OTCMKTS:QNTO)’s stock price passed above its 200-day moving average during trading on Wednesday. The stock has a 200-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 traded.

Quaint Oak Bancorp Stock Performance

The company has a quick ratio of 1.03, a current ratio of 1.10 and a debt-to-equity ratio of 0.39. The company has a 50 day moving average of $14.68 and a 200 day moving average of $15.30. The firm has a market cap of $41.52 million, a price-to-earnings ratio of 28.45 and a beta of -0.08.

Quaint Oak Bancorp (OTCMKTS:QNTO) last issued its quarterly earnings data 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 during 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.