Chesapeake Financial Shares (OTCMKTS:CPKF) Shares Pass Above 200 Day Moving Average – Time to Sell?

Posted by Adam Masters on Dec 14th, 2024

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $18.34 and traded as high as $19.50. Chesapeake Financial Shares shares last traded at $19.50, with a volume of 416 shares.

Chesapeake Financial Shares Price Performance

The company has a 50 day moving average price of $18.98 and a 200-day moving average price of $18.34. The company has a market cap of $89.89 million, a price-to-earnings ratio of 9.64 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 – Get Free Report) last posted its earnings results on Monday, October 21st. The bank reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.01). The business had revenue of $18.16 million for the quarter, compared to the consensus estimate 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, equities research analysts predict that Chesapeake Financial Shares, Inc. will post 2.32 EPS for the current fiscal year.

Chesapeake Financial Shares Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Sunday, December 15th. Investors of record on Sunday, December 1st will be given a dividend of $0.16 per share. This is a positive change from Chesapeake Financial Shares’s previous quarterly dividend of $0.16. This represents a $0.64 annualized dividend and a yield of 3.37%. The ex-dividend date is Friday, November 29th. Chesapeake Financial Shares’s dividend payout ratio (DPR) is currently 32.49%.

Chesapeake Financial Shares Company Profile

(Get Free Report)

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.