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

Shares of Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $18.89 and traded as high as $19.17. Chesapeake Financial Shares shares last traded at $19.15, with a volume of 12,251 shares trading hands.

Chesapeake Financial Shares Stock Performance

The firm has a market cap of $94.65 million, a P/E ratio of 8.26 and a beta of 0.51. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.65 and a current ratio of 0.65. The stock’s 50-day moving average is $18.90 and its 200 day moving average is $18.90.

Chesapeake Financial Shares (OTCMKTS:CPKF) last released its quarterly earnings results on Tuesday, January 21st. The bank reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.10. Chesapeake Financial Shares had a return on equity of 10.69% and a net margin of 11.50%. On average, research analysts predict that Chesapeake Financial Shares, Inc. will post 2.45 earnings per share for the current year.

Chesapeake Financial Shares Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, March 15th. Shareholders of record on Saturday, March 1st were paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date was Friday, February 28th. Chesapeake Financial Shares’s payout ratio is currently 26.45%.

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.