Chesapeake Financial Shares (OTCMKTS:CPKF) Stock Price Cross Above 200-Day Moving Average – Should You Sell?

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $18.51 and traded as high as $18.60. Chesapeake Financial Shares shares last traded at $18.55, with a volume of 1,375 shares trading hands.

Chesapeake Financial Shares Stock Performance

The company has a market capitalization of $87.76 million, a P/E ratio of 9.42 and a beta of 0.50. 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 business’s fifty day simple moving average is $18.88 and its 200-day simple moving average is $18.51.

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

Chesapeake Financial Shares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Sunday, December 15th. Investors of record on Sunday, December 1st were paid a dividend of $0.16 per share. This is an increase from Chesapeake Financial Shares’s previous quarterly dividend of $0.16. The ex-dividend date was Friday, November 29th. This represents a $0.64 dividend on an annualized basis and a yield of 3.45%. Chesapeake Financial Shares’s dividend payout ratio is presently 32.49%.

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.