Commercial National Financial (OTCMKTS:CEFC) Stock Price Down 4.9% – Should You Sell?

Commercial National Financial Co. (OTCMKTS:CEFC)’s stock price traded down 4.9% during mid-day 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 Stock Down 4.9 %

The business’s fifty day moving average is $10.61 and its 200-day moving average is $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 quarterly earnings data on Tuesday, January 21st. The company reported $0.47 earnings per share (EPS) for the quarter.

Commercial National Financial Dividend Announcement

The business also recently declared 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 is currently 37.84%.

About Commercial National Financial

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.