Chesapeake Financial Shares (OTCMKTS:CPKF) Stock Cross Above 200 Day Moving Average - Should You Sell?

Key Points

• Chesapeake Financial Shares stock has surpassed its 200-day moving average of $19.89, reaching a high of $21.53, but is currently down 2.1% in recent trading.
• The company recently increased its dividend from $0.15 to $0.16, indicating a yield of 320.0% and a payout ratio of 71.11%.
• In its latest earnings report, Chesapeake Financial Shares posted an EPS of $0.62, exceeding analysts' expectations and demonstrating a return on equity of 10.45%.

Chesapeake Financial Shares Inc. (OTCMKTS:CPKF - Get Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $19.89 and traded as high as $21.53. Chesapeake Financial Shares shares last traded at $21.53, with a volume of 100 shares traded.

Chesapeake Financial Shares Stock Up 2.2%

The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.65 and a current ratio of 0.65. The company has a market cap of $103.47 million, a price-to-earnings ratio of 24.44 and a beta of 0.32. The stock's fifty day moving average is $21.14 and its two-hundred day moving average is $19.91.

Chesapeake Financial Shares Increases Dividend

The company also recently disclosed a dividend, which was paid on Sunday, June 15th. Shareholders of record on Monday, June 2nd were given a $0.16 dividend. This represents a yield of 320.0%. The ex-dividend date of this dividend was Friday, May 30th. This is a positive change from Chesapeake Financial Shares's previous dividend of $0.15. Chesapeake Financial Shares's payout ratio is currently 71.11%.

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.