Chesapeake Financial Shares (OTCMKTS:CPKF) Shares Pass Above 200 Day Moving Average – Time to Sell?

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $18.51 and traded as high as $18.60. Chesapeake Financial Shares shares last traded at $18.55, with a volume of 1,375 shares traded.

Chesapeake Financial Shares Stock Performance

The stock has a market cap of $87.76 million, a price-to-earnings ratio of 9.42 and a beta of 0.50. The company’s 50-day simple moving average is $18.88 and its 200-day simple moving average is $18.51. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.22.

Chesapeake Financial Shares (OTCMKTS:CPKF) last issued its quarterly earnings results on Monday, October 21st. The bank reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.01). The company had revenue of $18.16 million during the quarter, compared to analysts’ expectations of $17.40 million. Chesapeake Financial Shares had a return on equity of 8.86% and a net margin of 9.73%. Analysts predict that Chesapeake Financial Shares, Inc. will post 2.32 EPS for the current fiscal year.

Chesapeake Financial Shares Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Sunday, December 15th. Stockholders of record on Sunday, December 1st were given a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.45%. This is a positive change from Chesapeake Financial Shares’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Friday, November 29th. Chesapeake Financial Shares’s dividend payout ratio is 32.49%.

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.