Commercial National Financial (OTCMKTS:CEFC) Trading Down 4.9% – What’s Next?

Commercial National Financial Co. (OTCMKTS:CEFC) fell 4.9% during trading on Friday . The stock traded as low as $9.62 and last traded at $9.62. 2,000 shares changed hands during mid-day trading, a decline of 14% from the average session volume of 2,319 shares. The stock had previously closed at $10.12.

Commercial National Financial Trading Down 4.9 %

The business has a fifty day moving average of $10.61 and a 200-day moving average of $10.04. The company has a market cap of $38.14 million, a PE ratio of 6.50 and a beta of 0.47.

Commercial National Financial (OTCMKTS:CEFC) last announced its earnings results on Tuesday, January 21st. The company reported $0.47 earnings per share for the quarter.

Commercial National Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th were issued a $0.14 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.56 dividend on an annualized basis and a yield of 5.82%. Commercial National Financial’s dividend payout ratio (DPR) is 37.84%.

Commercial National Financial Company Profile

Commercial National Financial Corporation operates as the holding company for Commercial Bank that provides various banking products and services to individuals, agricultural businesses, commercial businesses, and light industries in Michigan. The company accepts various deposit products, including checking and savings accounts, individual retirement accounts, certificates of deposit, and health savings accounts.