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

Chesapeake Financial Shares Inc. (OTCMKTS:CPKF) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-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 Trading Down 0.1%

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

Chesapeake Financial Shares Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, December 15th. Investors of record on Tuesday, December 2nd were paid a dividend of $0.17 per share. This is an increase from Chesapeake Financial Shares’s previous dividend of $0.16. This represents a yield of 278.0%. The ex-dividend date of this dividend was Monday, December 1st. Chesapeake Financial Shares’s payout ratio is 48.57%.

About Chesapeake Financial Shares

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.