CF Bankshares (NASDAQ:CFBK) Stock Price Crosses Below 200 Day Moving Average of $19.88

CF Bankshares Inc. (NASDAQ:CFBK)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $19.88 and traded as low as $19.02. CF Bankshares shares last traded at $19.15, with a volume of 2,113 shares traded.

CF Bankshares Price Performance

The business has a fifty day moving average price of $19.03 and a 200 day moving average price of $19.88. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.13 and a quick ratio of 1.13. The company has a market capitalization of $98.14 million, a price-to-earnings ratio of 7.98 and a beta of 0.55.

CF Bankshares (NASDAQ:CFBK) last released its earnings results on Tuesday, May 7th. The savings and loans company reported $0.47 EPS for the quarter. CF Bankshares had a net margin of 13.25% and a return on equity of 10.17%. The firm had revenue of $12.19 million for the quarter.

CF Bankshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 29th. Investors of record on Thursday, April 18th were issued a dividend of $0.06 per share. The ex-dividend date was Wednesday, April 17th. This represents a $0.24 annualized dividend and a yield of 1.25%. CF Bankshares’s payout ratio is 10.00%.

Institutional Investors Weigh In On CF Bankshares

A number of institutional investors have recently added to or reduced their stakes in CFBK. AJOVista LLC bought a new stake in shares of CF Bankshares in the 4th quarter worth $25,000. Windsor Advisory Group LLC bought a new stake in CF Bankshares in the fourth quarter worth about $390,000. Finally, Kennedy Capital Management LLC acquired a new stake in CF Bankshares in the 1st quarter valued at about $619,000. 41.06% of the stock is currently owned by institutional investors and hedge funds.

About CF Bankshares

CF Bankshares Inc operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. The company accepts savings, retail and business checking accounts, and money market accounts, as well as certificates of deposit. It offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans and equipment leases; residential real estate loans and treasury management depository services; retail banking services and products.