Community Bancorp (OTCMKTS:CMTV) Shares Cross Above Fifty Day Moving Average – What’s Next?

Community Bancorp (OTCMKTS:CMTV) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $16.23 and traded as high as $17.00. Community Bancorp shares last traded at $17.00, with a volume of 179 shares changing hands.

Community Bancorp Price Performance

The company has a market capitalization of $94.10 million, a PE ratio of 7.59 and a beta of 0.34. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.88 and a quick ratio of 0.88. The stock’s 50 day simple moving average is $16.23 and its 200-day simple moving average is $15.99.

Community Bancorp (OTCMKTS:CMTV) last announced its earnings results on Wednesday, August 14th. The financial services provider reported $0.49 earnings per share for the quarter. Community Bancorp had a net margin of 21.48% and a return on equity of 14.53%. The firm had revenue of $9.87 million for the quarter.

Community Bancorp Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be issued a $0.24 dividend. The ex-dividend date is Tuesday, October 15th. This is a positive change from Community Bancorp’s previous quarterly dividend of $0.23. This represents a $0.96 dividend on an annualized basis and a yield of 5.65%. Community Bancorp’s dividend payout ratio (DPR) is 42.86%.

Community Bancorp Company Profile

Community Bancorp. operates as the bank holding company for Community National Bank that provides financial services to individuals, businesses, nonprofit organizations, and municipalities in northern and central Vermont. It offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as standby letters of credit; and business checking and other deposit accounts, cash management services, repurchase agreements, ACH and wire transfer services, card processing, and remote deposit capture.