Commercial National Financial (OTCMKTS:CEFC) Shares Down 4.9% – What’s Next?

Commercial National Financial Co. (OTCMKTS:CEFC) shares were down 4.9% on Friday . The company traded as low as $9.62 and last traded at $9.62. Approximately 2,000 shares traded hands during trading, a decline of 14% from the average daily volume of 2,319 shares. The stock had previously closed at $10.12.

Commercial National Financial Price Performance

The stock’s 50 day moving average is $10.61 and its 200-day moving average is $10.05. The company has a market capitalization of $38.14 million, a P/E ratio of 6.50 and a beta of 0.30.

Commercial National Financial (OTCMKTS:CEFC) last announced its earnings results on Tuesday, January 21st. The company reported $0.47 EPS for the quarter.

Commercial National Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th were paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 5.82%. The ex-dividend date was Friday, March 14th. Commercial National Financial’s dividend payout ratio is currently 37.84%.

Commercial National Financial Company Profile

Commercial National Financial Corporation operates as the holding company for Commercial Bank that provides various banking products and services to individuals, agricultural businesses, commercial businesses, and light industries in Michigan. The company accepts various deposit products, including checking and savings accounts, individual retirement accounts, certificates of deposit, and health savings accounts.