Community Heritage Financial (OTCMKTS:CMHF) Trading 3.6% Higher - Time to Buy?

Key Points

• Community Heritage Financial (OTCMKTS:CMHF) stock rose by 3.6% to $29.00, despite lower trading volume of 400 shares compared to the average of 1,282 shares.
• The company reported $0.84 earnings per share and $9.93 million in revenue for the last quarter.
• Community Heritage Financial declared a quarterly dividend of $0.08 per share, resulting in an annualized dividend yield of 1.1% with a payout ratio of 11.55%.

Community Heritage Financial, Inc. (OTCMKTS:CMHF - Get Free Report) traded up 3.6% on Wednesday . The company traded as high as $29.00 and last traded at $29.00. 400 shares changed hands during trading, a decline of 69% from the average session volume of 1,282 shares. The stock had previously closed at $28.00.

Community Heritage Financial Stock Performance

The stock has a 50 day simple moving average of $27.08 and a two-hundred day simple moving average of $25.66. The firm has a market cap of $84.97 million, a PE ratio of 10.47 and a beta of 0.29.

Community Heritage Financial (OTCMKTS:CMHF - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The company reported $0.84 earnings per share for the quarter. The company had revenue of $9.93 million for the quarter.

Community Heritage Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 8th. Shareholders of record on Friday, August 1st were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.1%. Community Heritage Financial's payout ratio is currently 11.55%.

About Community Heritage Financial

Community Heritage Financial, Inc operates as the bank holding company for Middletown Valley Bank that provides retail and commercial banking services to individuals and businesses in Frederick and Washington counties in Maryland and Franklin County, Pennsylvania. Its primary deposit products include demand, savings, and time deposits, as well as lending products comprise real estate mortgages, commercial business loans, and instalment loans.

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