Chesapeake Financial Shares (OTCMKTS:CPKF) Shares Cross Above 200-Day Moving Average of $17.72

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $17.72 and traded as high as $18.25. Chesapeake Financial Shares shares last traded at $18.25, with a volume of 11,344 shares traded.

Chesapeake Financial Shares Trading Up 3.7 %

The company has a debt-to-equity ratio of 0.25, a current ratio of 0.64 and a quick ratio of 0.64. The company has a market capitalization of $85.99 million, a price-to-earnings ratio of 9.36 and a beta of 0.50. The business’s 50-day moving average price is $17.73 and its two-hundred day moving average price is $17.71.

Chesapeake Financial Shares (OTCMKTS:CPKF) last announced its quarterly earnings data on Tuesday, July 30th. The bank reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.16. The firm had revenue of $24.94 million during the quarter, compared to analysts’ expectations of $16.30 million. Chesapeake Financial Shares had a return on equity of 9.60% and a net margin of 10.11%. Research analysts predict that Chesapeake Financial Shares, Inc. will post 2.19 earnings per share for the current year.

Chesapeake Financial Shares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, September 15th. Stockholders of record on Sunday, September 1st will be given a $0.155 dividend. This represents a $0.62 annualized dividend and a dividend yield of 3.40%. The ex-dividend date of this dividend is Friday, August 30th. Chesapeake Financial Shares’s payout ratio is presently 31.79%.

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.