QNB (OTCMKTS:QNBC) Trading 0.2% Higher - Should You Buy?

QNB Corp. (OTCMKTS:QNBC - Get Free Report) shares were up 0.2% on Tuesday . The stock traded as high as $33.07 and last traded at $33.05. Approximately 3,323 shares traded hands during mid-day trading, an increase of 35% from the average daily volume of 2,462 shares. The stock had previously closed at $33.00.

QNB Stock Performance

The company has a debt-to-equity ratio of 0.66, a current ratio of 0.77 and a quick ratio of 0.77. The company has a market cap of $121.64 million, a PE ratio of 12.69 and a beta of 0.51. The business has a fifty day simple moving average of $31.53 and a two-hundred day simple moving average of $28.54.

QNB (OTCMKTS:QNBC - Get Free Report) last announced its quarterly earnings data on Tuesday, October 22nd. The financial services provider reported $0.91 EPS for the quarter. QNB had a net margin of 11.00% and a return on equity of 9.86%. The firm had revenue of $13.09 million during the quarter.

QNB Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be given a dividend of $0.37 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.48 annualized dividend and a yield of 4.48%. QNB's dividend payout ratio is presently 56.92%.

About QNB

QNB Corp. operates as the bank holding company for QNB Bank that engages in the provision of commercial and retail banking products, and retail brokerage services. It offers various deposit products, which include demand and savings accounts, such as money market, interest-bearing demand, club, traditional statement savings, and online savings accounts; and time deposits comprising certificates of deposit and individual retirement accounts.