Chesapeake Financial Shares (OTCMKTS:CPKF) Shares Pass Above 200 Day Moving Average of $17.72

Shares of Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $17.72 and traded as high as $19.00. Chesapeake Financial Shares shares last traded at $19.00, with a volume of 1,349 shares changing hands.

Chesapeake Financial Shares Stock Up 0.3 %

The stock has a 50-day moving average of $18.18 and a 200 day moving average of $17.72. The company has a market capitalization of $89.53 million, a PE ratio of 9.74 and a beta of 0.50. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.24.

Chesapeake Financial Shares (OTCMKTS:CPKF) last announced its earnings results on Tuesday, July 30th. The bank reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.16. The firm had revenue of $24.94 million during the quarter, compared to analyst estimates of $16.30 million. Chesapeake Financial Shares had a return on equity of 9.35% and a net margin of 10.11%. Sell-side analysts anticipate that Chesapeake Financial Shares, Inc. will post 2.3 EPS for the current year.

Chesapeake Financial Shares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Sunday, September 15th. Shareholders of record on Sunday, September 1st were paid a $0.155 dividend. This represents a $0.62 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date of this dividend was Friday, August 30th. Chesapeake Financial Shares’s payout ratio is 31.79%.

About Chesapeake Financial Shares

Chesapeake Financial Shares, Inc operates as the bank holding company for Chesapeake Bank that provides various banking products and services for individuals and businesses in the United States. The company accepts interest and noninterest checking, savings, and money market accounts; and variable-rate and fixed-term money market accounts, as well as certificates of deposit.