Chesapeake Financial Shares (OTCMKTS:CPKF) Stock Price Cross Above Two Hundred Day Moving Average – Should You Sell?

Chesapeake Financial Shares Inc. (OTCMKTS:CPKF)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $25.03 and traded as high as $31.00. Chesapeake Financial Shares shares last traded at $31.00, with a volume of 1,135 shares.

Chesapeake Financial Shares Price Performance

The stock has a 50 day moving average price of $29.01 and a two-hundred day moving average price of $25.03. 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 capitalization of $145.92 million, a price-to-earnings ratio of 22.14 and a beta of 0.26.

Chesapeake Financial Shares Increases Dividend

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