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

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 Trading Down 3.5 %

The company’s 50 day simple moving average is $18.88 and its 200-day simple moving average is $18.51. The firm has a market cap of $87.76 million, a P/E ratio of 9.42 and a beta of 0.50. 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 (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.01). The business had revenue of $18.16 million for the quarter, compared to the consensus estimate of $17.40 million. Chesapeake Financial Shares had a return on equity of 8.86% and a net margin of 9.73%. As a group, research analysts predict that Chesapeake Financial Shares, Inc. will post 2.32 earnings per share for the current fiscal year.

Chesapeake Financial Shares Increases Dividend

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

About Chesapeake Financial Shares

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.