CF Bankshares (NASDAQ:CFBK) Stock Crosses Below Two Hundred Day Moving Average of $18.97

CF Bankshares Inc. (NASDAQ:CFBK) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $18.97 and traded as low as $18.48. CF Bankshares shares last traded at $18.52, with a volume of 273 shares traded.

Wall Street Analyst Weigh In

Separately, TheStreet upgraded shares of CF Bankshares from a “c+” rating to a “b-” rating in a research report on Tuesday, January 30th.

CF Bankshares Stock Performance

The firm has a market capitalization of $97.79 million, a P/E ratio of 7.04 and a beta of 0.54. The company has a 50-day moving average of $19.78 and a 200-day moving average of $18.99. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.80.

CF Bankshares (NASDAQ:CFBK) last posted its quarterly earnings data on Wednesday, February 7th. The savings and loans company reported $0.65 EPS for the quarter. The company had revenue of $12.79 million for the quarter. CF Bankshares had a return on equity of 11.34% and a net margin of 15.08%.

CF Bankshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 29th. Investors of record on Thursday, April 18th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date was Wednesday, April 17th. CF Bankshares’s dividend payout ratio is presently 9.20%.

Institutional Trading of CF Bankshares

An institutional investor recently bought a new position in CF Bankshares stock. AJOVista LLC bought a new position in shares of CF Bankshares Inc. (NASDAQ:CFBK) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,306 shares of the savings and loans company’s stock, valued at approximately $25,000. 41.06% of the stock is owned by institutional investors and hedge funds.

CF Bankshares Company Profile

CF Bankshares Inc operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. The company accepts savings, retail and business checking accounts, and money market accounts, as well as certificates of deposit. It offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans and equipment leases; residential real estate loans and treasury management depository services; retail banking services and products.