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

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF)’s stock price 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 changing hands.

Chesapeake Financial Shares Price Performance

The stock has a fifty day moving average of $18.90 and a 200-day moving average of $18.90. The firm has a market capitalization of $94.65 million, a P/E ratio of 8.26 and a beta of 0.51. 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 announced its earnings results on Tuesday, January 21st. The bank reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.10. Chesapeake Financial Shares had a net margin of 11.50% and a return on equity of 10.69%. Equities analysts predict that Chesapeake Financial Shares, Inc. will post 2.45 EPS for the current fiscal year.

Chesapeake Financial Shares Dividend Announcement

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

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.