Chesapeake Financial Shares (OTCMKTS:CPKF) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $17.89 and traded as high as $18.80. Chesapeake Financial Shares shares last traded at $18.80, with a volume of 100 shares changing hands.

Chesapeake Financial Shares Price Performance

The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $88.59 million, a P/E ratio of 9.64 and a beta of 0.50. The business has a 50-day moving average price of $18.68 and a 200 day moving average price of $17.91.

Chesapeake Financial Shares (OTCMKTS:CPKF) last issued its quarterly earnings results on Tuesday, July 30th. The bank reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.16. The company had revenue of $24.94 million during the quarter, compared to the consensus estimate of $16.30 million. Chesapeake Financial Shares had a return on equity of 9.35% and a net margin of 10.11%. On average, equities analysts expect that Chesapeake Financial Shares, Inc. will post 2.3 EPS for the current fiscal year.

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.