CNB Financial (NASDAQ:CCNEP) Share Price Breaks Below Fifty Day Moving Average – What’s Next?

CNB Financial Co. (NASDAQ:CCNEP – Get Free Report)’s stock price passed below its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $24.77 and traded as low as $24.60. CNB Financial shares last traded at $24.3750, with a volume of 971 shares trading hands.

CNB Financial Trading Down 1.9%

The stock has a fifty day moving average price of $24.77 and a two-hundred day moving average price of $24.93.

CNB Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Sunday, November 15th will be given a $0.4453 dividend. This represents a $1.78 annualized dividend and a yield of 7.3%. The ex-dividend date is Friday, November 13th.

CNB Financial Company Profile

(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.

Further Reading

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