Community Bancorp (OTCMKTS:CMTV) Stock Price Passes Below Fifty Day Moving Average – Here’s What Happened

Posted by Doug Wharley on Nov 6th, 2024

Community Bancorp (OTCMKTS:CMTV – Get Free Report) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $16.41 and traded as low as $16.40. Community Bancorp shares last traded at $16.40, with a volume of 1,211 shares changing hands.

Community Bancorp Price Performance

The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.88 and a current ratio of 0.88. The company has a market cap of $91.18 million, a price-to-earnings ratio of 7.32 and a beta of 0.33. The business has a fifty day moving average price of $16.41 and a 200 day moving average price of $16.00.

Community Bancorp (OTCMKTS:CMTV – Get Free Report) last issued its earnings results on Wednesday, August 14th. The financial services provider reported $0.49 EPS for the quarter. The firm had revenue of $9.87 million during the quarter. Community Bancorp had a return on equity of 14.53% and a net margin of 21.48%.

Community Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.85%. This is a boost from Community Bancorp’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Tuesday, October 15th. Community Bancorp’s dividend payout ratio is presently 42.86%.

Community Bancorp Company Profile

(Get Free Report)

Community Bancorp. operates as the bank holding company for Community National Bank that provides financial services to individuals, businesses, nonprofit organizations, and municipalities in northern and central Vermont. It offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as standby letters of credit; and business checking and other deposit accounts, cash management services, repurchase agreements, ACH and wire transfer services, card processing, and remote deposit capture.