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

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $18.72 and traded as high as $18.99. Chesapeake Financial Shares shares last traded at $18.99, with a volume of 1,653 shares trading hands.

Chesapeake Financial Shares Trading Up 1.5 %

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 company has a market capitalization of $89.82 million, a P/E ratio of 7.85 and a beta of 0.50. The company’s fifty day simple moving average is $18.77 and its 200-day simple moving average is $18.72.

Chesapeake Financial Shares (OTCMKTS:CPKF) last posted its earnings results on Tuesday, January 21st. The bank reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.10. Chesapeake Financial Shares had a return on equity of 10.69% and a net margin of 11.50%. Research analysts predict that Chesapeake Financial Shares, Inc. will post 2.45 earnings per share for the current year.

Chesapeake Financial Shares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Saturday, March 15th. Shareholders of record on Saturday, March 1st will be paid a $0.16 dividend. The ex-dividend date is Friday, February 28th. This represents a $0.64 annualized dividend and a yield of 3.37%. Chesapeake Financial Shares’s dividend payout ratio (DPR) is 26.45%.

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.