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

Shares of Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $18.37 and traded as high as $18.70. Chesapeake Financial Shares shares last traded at $18.70, with a volume of 2,383 shares.

Chesapeake Financial Shares Trading Down 0.2 %

The stock has a fifty day simple moving average of $18.94 and a 200 day simple moving average of $18.37. The firm has a market capitalization of $88.47 million, a P/E ratio of 9.49 and a beta of 0.50. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.22.

Chesapeake Financial Shares (OTCMKTS:CPKF) last released its earnings results on Monday, October 21st. The bank reported $0.55 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.01). The company had revenue of $18.16 million during the quarter, compared to analysts’ expectations of $17.40 million. Chesapeake Financial Shares had a return on equity of 8.86% and a net margin of 9.73%. As a group, research analysts forecast that Chesapeake Financial Shares, Inc. will post 2.32 EPS for the current year.

Chesapeake Financial Shares Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Sunday, December 15th. Shareholders of record on Sunday, December 1st were issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 3.42%. The ex-dividend date was Friday, November 29th. This is a boost from Chesapeake Financial Shares’s previous quarterly dividend of $0.16. Chesapeake Financial Shares’s dividend payout ratio (DPR) is currently 32.49%.

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.