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

Shares of Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) passed above its 200-day moving average during trading on Monday . The stock has a 200-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.

Chesapeake Financial Shares Stock Performance

The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $90.68 million, a P/E ratio of 7.91 and a beta of 0.51. The business has a fifty day moving average price of $18.88 and a 200-day moving average price of $18.89.

Chesapeake Financial Shares (OTCMKTS:CPKF) last posted its earnings results on Tuesday, January 21st. The bank reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate 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, sell-side analysts expect that Chesapeake Financial Shares, Inc. will post 2.45 EPS for the current year.

Chesapeake Financial Shares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Saturday, March 15th. Shareholders of record on Saturday, March 1st were paid a dividend of $0.16 per share. 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 dividend payout ratio is presently 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.