Chesapeake Financial Shares (OTCMKTS:CPKF) Stock Price Pass Above Two Hundred Day Moving Average of $17.76

Shares of Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $17.76 and traded as high as $18.10. Chesapeake Financial Shares shares last traded at $18.10, with a volume of 1,443 shares changing hands.

Chesapeake Financial Shares Price Performance

The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $85.76 million, a price-to-earnings ratio of 9.33 and a beta of 0.50. The company’s 50 day moving average is $17.66 and its 200-day moving average is $17.75.

Chesapeake Financial Shares (OTCMKTS:CPKF) last posted its earnings results on Tuesday, July 30th. The bank reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.16. Chesapeake Financial Shares had a return on equity of 9.60% and a net margin of 10.11%. The business had revenue of $24.94 million for the quarter, compared to analyst estimates of $16.30 million. Equities research analysts anticipate that Chesapeake Financial Shares, Inc. will post 2.19 earnings per share for the current year.

Chesapeake Financial Shares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, September 15th. Investors of record on Sunday, September 1st will be paid a $0.155 dividend. The ex-dividend date is Friday, August 30th. This represents a $0.62 dividend on an annualized basis and a yield of 3.41%. Chesapeake Financial Shares’s dividend payout ratio (DPR) is currently 31.79%.

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.