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

Chesapeake Financial Shares logo with Finance background

Key Points

  • Chesapeake Financial Shares (OTCMKTS:CPKF) has seen its share price surpass its 200-day moving average, last trading at $21.74 against a moving average of $20.42.
  • The company reported $0.67 earnings per share for the last quarter, exceeding expectations and showing a revenue of $19.56 million.
  • A dividend of $0.16 has been declared, yielding approximately 294.0%, with the payout scheduled for September 15th.
  • Five stocks to consider instead of Chesapeake Financial Shares.

Chesapeake Financial Shares Inc. (OTCMKTS:CPKF - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $20.42 and traded as high as $21.74. Chesapeake Financial Shares shares last traded at $21.74, with a volume of 209 shares.

Chesapeake Financial Shares Stock Performance

The business has a fifty day simple moving average of $21.64 and a two-hundred day simple moving average of $20.42. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.64 and a quick ratio of 0.64. The company has a market cap of $101.96 million, a PE ratio of 23.63 and a beta of 0.28.

Chesapeake Financial Shares (OTCMKTS:CPKF - Get Free Report) last posted its earnings results on Tuesday, August 19th. The bank reported $0.67 earnings per share for the quarter, topping analysts' consensus estimates of $0.63 by $0.04. The company had revenue of $19.56 million during the quarter, compared to analyst estimates of $18.70 million. Chesapeake Financial Shares had a return on equity of 10.29% and a net margin of 4.57%. Research analysts anticipate that Chesapeake Financial Shares Inc. will post 2.45 earnings per share for the current year.

Chesapeake Financial Shares Dividend Announcement

The firm also recently declared a dividend, which will be paid on Monday, September 15th. Shareholders of record on Monday, September 1st will be issued a $0.16 dividend. This represents a yield of 294.0%. The ex-dividend date of this dividend is Friday, August 29th. Chesapeake Financial Shares's dividend payout ratio (DPR) is currently 69.57%.

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.

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