Chesapeake Financial Shares (OTCMKTS:CPKF) Shares Cross Above 200 Day Moving Average – What’s Next?

Chesapeake Financial Shares Inc. (OTCMKTS:CPKF) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $24.34 and traded as high as $30.25. Chesapeake Financial Shares shares last traded at $29.98, with a volume of 11,533 shares.

Chesapeake Financial Shares Stock Down 0.1%

The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.40. The stock’s 50-day moving average price is $27.83 and its 200-day moving average price is $24.34. The company has a market cap of $141.21 million, a P/E ratio of 21.41 and a beta of 0.26.

Chesapeake Financial Shares Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 15th. Stockholders of record on Tuesday, December 2nd were issued a dividend of $0.17 per share. This is a positive change from Chesapeake Financial Shares’s previous dividend of $0.16. This represents a dividend yield of 278.0%. The ex-dividend date was Monday, December 1st. Chesapeake Financial Shares’s dividend payout ratio is presently 48.57%.

Chesapeake Financial Shares Company Profile

Chesapeake Financial Shares, Inc is the bank holding company for Chesapeake Bank, a Virginia‐chartered community bank. The company operates as a locally focused financial institution, offering a comprehensive suite of banking services to individuals, businesses and nonprofit organizations. Through its subsidiary, Chesapeake Bank, it aims to deliver customer‐centric solutions while supporting economic growth in its communities.

Chesapeake Financial Shares’ primary business activities include retail and commercial banking.