Chesapeake Financial Shares (OTCMKTS:CPKF) Shares Pass Above 200-Day Moving Average – Should You Sell?

by · The Cerbat Gem

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF – Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $18.44 and traded as high as $18.70. Chesapeake Financial Shares shares last traded at $18.70, with a volume of 1,740 shares trading hands.

Chesapeake Financial Shares Stock Performance

The business’s fifty day moving average is $18.89 and its 200-day moving average is $18.46. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.22. The company has a market cap of $91.21 million, a PE ratio of 9.79 and a beta of 0.50.

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

Chesapeake Financial Shares Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Sunday, December 15th. Shareholders of record on Sunday, December 1st were paid a dividend of $0.16 per share. This is a boost from Chesapeake Financial Shares’s previous quarterly dividend of $0.16. The ex-dividend date was Friday, November 29th. This represents a $0.64 dividend on an annualized basis and a yield of 3.32%. Chesapeake Financial Shares’s dividend payout ratio (DPR) is presently 32.49%.

About Chesapeake Financial Shares

(Get Free Report)

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.

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