Community Bancorp (OTCMKTS:CMTV) Stock Price Passes Above 50-Day Moving Average - Here's What Happened

Community Bancorp (OTCMKTS:CMTV - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $17.44 and traded as high as $18.00. Community Bancorp shares last traded at $17.51, with a volume of 1,363 shares changing hands.

Community Bancorp Stock Performance

The stock has a market capitalization of $101.11 million, a P/E ratio of 8.26 and a beta of 0.29. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.13. The business has a fifty day moving average price of $17.45 and a 200-day moving average price of $17.13.

Community Bancorp (OTCMKTS:CMTV - Get Free Report) last issued its earnings results on Friday, March 28th. The financial services provider reported $0.73 earnings per share (EPS) for the quarter. The company had revenue of $11.28 million for the quarter. Community Bancorp had a return on equity of 13.48% and a net margin of 20.29%.

Community Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 5.33%. The ex-dividend date was Tuesday, April 15th. Community Bancorp's payout ratio is 42.11%.

About Community Bancorp

Community Bancorp. operates as the bank holding company for Community National Bank that provides financial services to individuals, businesses, nonprofit organizations, and municipalities in northern and central Vermont. It offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as standby letters of credit; and business checking and other deposit accounts, cash management services, repurchase agreements, ACH and wire transfer services, card processing, and remote deposit capture.