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

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $18.34 and traded as high as $19.50. Chesapeake Financial Shares shares last traded at $19.50, with a volume of 416 shares changing hands.

Chesapeake Financial Shares Trading Down 2.6 %

The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $89.89 million, a P/E ratio of 9.64 and a beta of 0.50. The business has a 50-day moving average price of $18.98 and a two-hundred day moving average price of $18.34.

Chesapeake Financial Shares (OTCMKTS:CPKF) last posted its quarterly earnings data 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 firm had revenue of $18.16 million for the quarter, compared to the consensus estimate of $17.40 million. On average, analysts expect that Chesapeake Financial Shares, Inc. will post 2.32 EPS for the current fiscal year.

Chesapeake Financial Shares Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, December 15th. Investors of record on Sunday, December 1st will be given a dividend of $0.16 per share. This is an increase from Chesapeake Financial Shares’s previous quarterly dividend of $0.16. This represents a $0.64 annualized dividend and a dividend yield of 3.37%. The ex-dividend date of this dividend is Friday, November 29th. Chesapeake Financial Shares’s dividend payout ratio is currently 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.