Chesapeake Financial Shares (OTCMKTS:CPKF) Stock Price Cross Above 200-Day Moving Average – Here’s What Happened

Chesapeake Financial Shares Inc. (OTCMKTS:CPKF) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $29.26 and traded as high as $34.75. Chesapeake Financial Shares shares last traded at $34.75, with a volume of 786 shares traded.

Chesapeake Financial Shares Price Performance

The firm’s 50-day moving average price is $33.11 and its two-hundred day moving average price is $29.31. The stock has a market cap of $163.67 million, a PE ratio of 8.23 and a beta of 0.25. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38.

Chesapeake Financial Shares (OTCMKTS:CPKF) last announced its quarterly earnings results on Tuesday, April 21st. The bank reported $1.15 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.17. Chesapeake Financial Shares had a net margin of 17.24% and a return on equity of 15.88%. The firm had revenue of $21.49 million during the quarter, compared to analysts’ expectations of $21.30 million. On average, equities analysts expect that Chesapeake Financial Shares Inc. will post 3.9 earnings per share for the current fiscal year.

About Chesapeake Financial Shares

Chesapeake Financial Shares, Inc is the bank holding company for Chesapeake Bank, a Virginia‐chartered community bank. The company operates as a locally focused financial institution, offering a comprehensive suite of banking services to individuals, businesses and nonprofit organizations. Through its subsidiary, Chesapeake Bank, it aims to deliver customer‐centric solutions while supporting economic growth in its communities.

Chesapeake Financial Shares’ primary business activities include retail and commercial banking.