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)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-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 trading hands.

Chesapeake Financial Shares Stock Performance

The stock's 50-day moving average price is $21.19 and its 200-day moving average price is $19.94. The company has a market cap of $103.40 million, a P/E ratio of 24.44 and a beta of 0.32. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.65 and a quick ratio of 0.65.

Chesapeake Financial Shares Increases Dividend

The firm also recently announced a dividend, which was paid on Sunday, June 15th. Stockholders of record on Monday, June 2nd were given a $0.16 dividend. The ex-dividend date of this dividend was Friday, May 30th. This is a boost from Chesapeake Financial Shares's previous dividend of $0.15. This represents a dividend yield of 320.0%. Chesapeake Financial Shares's dividend payout ratio (DPR) is presently 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.