Chesapeake Financial Shares (OTCMKTS:CPKF) Stock Price Pass Above 200 Day Moving Average – What’s Next?

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $18.85 and traded as high as $19.18. Chesapeake Financial Shares shares last traded at $19.18, with a volume of 103 shares changing hands.

Chesapeake Financial Shares Trading Up 0.9 %

The company’s 50-day moving average is $18.77 and its 200-day moving average is $18.85. 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 firm has a market cap of $90.82 million, a price-to-earnings ratio of 7.93 and a beta of 0.51.

Chesapeake Financial Shares (OTCMKTS:CPKF) last announced its earnings results on Tuesday, January 21st. The bank reported $0.64 earnings per share (EPS) 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%. On average, research analysts predict that Chesapeake Financial Shares, Inc. will post 2.45 earnings per share for the current 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 of this dividend was Friday, February 28th. This represents a $0.64 dividend on an annualized basis and a yield of 3.34%. Chesapeake Financial Shares’s payout ratio is 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.