CNB Financial (NASDAQ:CCNEP) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

CNB Financial Co. (NASDAQ:CCNEP – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $24.94 and traded as low as $24.75. CNB Financial shares last traded at $24.58, with a volume of 2,955 shares.

CNB Financial Price Performance

The company’s 50-day simple moving average is $24.78 and its 200-day simple moving average is $24.94.

CNB Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Sunday, November 15th will be issued a dividend of $0.4453 per share. This represents a $1.78 dividend on an annualized basis and a yield of 7.2%. The ex-dividend date of this dividend is Friday, November 13th.

About CNB Financial

(Get Free Report)

CNB Financial Corporation is a bank holding company headquartered in Clearfield, Pennsylvania. Founded in 1865, it operates primarily through CNB Bank, which provides personal and business banking services.

The bank offers deposit accounts, commercial and consumer loans, mortgage lending, cash-management services, and wealth management. It also serves customers through regional banking brands, including ERIEBANK and FCBank.

CNB Bank serves communities in Pennsylvania, Ohio, and New York, with a focus on relationship-based community banking.

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