Chesapeake Financial Shares (OTCMKTS:CPKF) Stock Pass 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 Monday . The stock has a 200-day moving average of $18.02 and traded as high as $18.80. Chesapeake Financial Shares shares last traded at $18.80, with a volume of 3,776 shares changing hands.

Chesapeake Financial Shares Stock Up 1.6 %

The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.22. The firm has a market cap of $88.92 million, a PE ratio of 9.54 and a beta of 0.50. The firm’s 50 day moving average is $18.83 and its 200-day moving average is $18.02.

Chesapeake Financial Shares (OTCMKTS:CPKF) last announced its quarterly earnings data on Monday, October 21st. The bank reported $0.55 earnings per share 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 company had revenue of $18.16 million for the quarter, compared to analyst estimates of $17.40 million. As a group, equities research analysts expect that Chesapeake Financial Shares, Inc. will post 2.3 earnings per share for the current fiscal year.

Chesapeake Financial Shares Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, December 15th. Stockholders of record on Sunday, December 1st will be paid a $0.16 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.64 annualized dividend and a dividend yield of 3.40%. This is a boost from Chesapeake Financial Shares’s previous quarterly dividend of $0.16. Chesapeake Financial Shares’s payout ratio is currently 31.47%.

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.