Community Bancorp (OTCMKTS:CMTV) Stock Passes Above 50 Day Moving Average – Here’s Why

Community Bancorp (OTCMKTS:CMTV) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $16.23 and traded as high as $17.00. Community Bancorp shares last traded at $17.00, with a volume of 179 shares traded.

Community Bancorp Price Performance

The company has a debt-to-equity ratio of 0.14, a current ratio of 0.88 and a quick ratio of 0.88. The company has a 50-day simple moving average of $16.28 and a two-hundred day simple moving average of $15.99. The stock has a market capitalization of $94.10 million, a price-to-earnings ratio of 7.59 and a beta of 0.34.

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

Community Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be paid a $0.24 dividend. This is a boost from Community Bancorp’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.96 annualized dividend and a dividend yield of 5.65%. Community Bancorp’s dividend payout ratio is presently 42.86%.

Community Bancorp Company Profile

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.