Chesapeake Financial Shares (OTCMKTS:CPKF) Stock Pass Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Chesapeake Financial Shares stock surpassed its 200-day moving average, trading at $22.00, indicating a positive trend in its share price.
• The company recently boosted its dividend to $0.16, resulting in a substantial yield of 320.0%.
• Chesapeake Financial Shares has a market capitalization of $103.40 million and a PE ratio of 24.44, demonstrating a solid financial standing.

Chesapeake Financial Shares Inc. (OTCMKTS:CPKF - )'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $20.04 and traded as high as $22.00. Chesapeake Financial Shares shares last traded at $22.00, with a volume of 248 shares trading hands.

Chesapeake Financial Shares Stock Performance

The company has a debt-to-equity ratio of 0.44, a current ratio of 0.65 and a quick ratio of 0.65. The stock has a 50 day moving average of $21.30 and a two-hundred day moving average of $20.04. The stock has a market capitalization of $103.40 million, a PE ratio of 24.44 and a beta of 0.32.

Chesapeake Financial Shares Increases Dividend

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

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