CF Bankshares (NASDAQ:CFBK) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

CF Bankshares Inc. (NASDAQ:CFBK) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $24.37 and traded as low as $21.84. CF Bankshares shares last traded at $22.04, with a volume of 14,907 shares.

CF Bankshares Stock Performance

The business has a 50-day moving average price of $23.48 and a 200-day moving average price of $24.37. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.75. The firm has a market capitalization of $113.22 million, a price-to-earnings ratio of 10.70 and a beta of 0.59.

CF Bankshares (NASDAQ:CFBK) last announced its earnings results on Wednesday, February 12th. The savings and loans company reported $0.68 earnings per share for the quarter. CF Bankshares had a return on equity of 8.25% and a net margin of 10.72%.

CF Bankshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 27th. Stockholders of record on Thursday, January 16th were issued a dividend of $0.07 per share. The ex-dividend date was Thursday, January 16th. This represents a $0.28 annualized dividend and a dividend yield of 1.27%. CF Bankshares’s dividend payout ratio (DPR) is currently 13.59%.

Institutional Trading of CF Bankshares

A number of institutional investors have recently bought and sold shares of the stock. Cutter & CO Brokerage Inc. purchased a new position in shares of CF Bankshares in the fourth quarter worth $219,000. Citadel Advisors LLC acquired a new position in shares of CF Bankshares in the 4th quarter valued at $251,000. 683 Capital Management LLC purchased a new position in CF Bankshares in the 4th quarter worth $340,000. Millennium Management LLC acquired a new stake in CF Bankshares during the 4th quarter worth about $395,000. Finally, Aspiring Ventures LLC acquired a new stake in CF Bankshares during the 4th quarter worth about $469,000. 41.06% of the stock is currently owned by institutional investors and hedge funds.

CF Bankshares Company Profile

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.