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

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred 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 traded.

Chesapeake Financial Shares Stock Performance

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 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 50-day moving average price of $18.88 and a 200 day moving average price of $18.89.

Chesapeake Financial Shares (OTCMKTS:CPKF) last issued its quarterly earnings results on Tuesday, January 21st. The bank reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.10. Chesapeake Financial Shares had a return on equity of 10.69% and a net margin of 11.50%. As a group, sell-side analysts forecast that Chesapeake Financial Shares, Inc. will post 2.45 EPS for the current fiscal year.

Chesapeake Financial Shares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Saturday, March 15th. Stockholders of record on Saturday, March 1st were issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.34%. The ex-dividend date was Friday, February 28th. 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.