Chesapeake Financial Shares (OTCMKTS:CPKF) Stock Price Cross Above 200 Day Moving Average of $17.78

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $17.78 and traded as high as $19.30. Chesapeake Financial Shares shares last traded at $19.30, with a volume of 398 shares traded.

Chesapeake Financial Shares Stock Performance

The firm has a fifty day simple moving average of $18.47 and a 200-day simple moving average of $17.78. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.24. The stock has a market cap of $90.94 million, a price-to-earnings ratio of 9.90 and a beta of 0.50.

Chesapeake Financial Shares (OTCMKTS:CPKF) last issued its earnings results on Tuesday, July 30th. The bank reported $0.65 EPS for the quarter, beating the consensus estimate of $0.49 by $0.16. The company had revenue of $24.94 million during the quarter, compared to analysts’ expectations of $16.30 million. Chesapeake Financial Shares had a net margin of 10.11% and a return on equity of 9.35%. Analysts forecast that Chesapeake Financial Shares, Inc. will post 2.3 EPS for the current fiscal year.

Chesapeake Financial Shares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Sunday, September 15th. Shareholders of record on Sunday, September 1st were given a dividend of $0.155 per share. This represents a $0.62 annualized dividend and a dividend yield of 3.21%. The ex-dividend date was Friday, August 30th. Chesapeake Financial Shares’s payout ratio is 31.79%.

Chesapeake Financial Shares Company Profile

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.