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

Shares of 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 Stock Performance

The stock has a market cap of $88.59 million, a P/E ratio of 9.64 and a beta of 0.50. 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’s fifty day moving average price is $18.68 and its 200 day moving average price is $17.91.

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