Chesapeake Financial Shares (OTCMKTS:CPKF) Stock Pass Above 200-Day Moving Average – Here’s Why

Shares of Chesapeake Financial Shares Inc. (OTCMKTS:CPKF) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $20.81 and traded as high as $22.25. Chesapeake Financial Shares shares last traded at $22.25, with a volume of 159 shares.

Chesapeake Financial Shares Stock Performance

The company has a debt-to-equity ratio of 0.43, a current ratio of 0.64 and a quick ratio of 0.64. The company has a 50 day simple moving average of $21.87 and a 200-day simple moving average of $20.81. The stock has a market cap of $104.35 million, a P/E ratio of 24.18 and a beta of 0.29.

Chesapeake Financial Shares (OTCMKTS:CPKF) last released its quarterly earnings data on Tuesday, August 19th. The bank reported $0.67 EPS for the quarter, topping the consensus estimate of $0.63 by $0.04. The firm had revenue of $19.56 million for the quarter, compared to the consensus estimate of $18.70 million. Chesapeake Financial Shares had a return on equity of 10.29% and a net margin of 4.57%. On average, equities analysts expect that Chesapeake Financial Shares Inc. will post 2.45 earnings per share for the current fiscal year.

Chesapeake Financial Shares Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, September 15th. Stockholders of record on Monday, September 1st were issued a $0.16 dividend. The ex-dividend date was Friday, August 29th. This represents a dividend yield of 294.0%. Chesapeake Financial Shares’s payout ratio is currently 69.57%.

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.