Community Bancorp (OTCMKTS:CMTV) Stock Price Passes Above 50-Day Moving Average – What’s Next?

Shares of Community Bancorp (OTCMKTS:CMTV) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $16.45 and traded as high as $16.55. Community Bancorp shares last traded at $16.55, with a volume of 1,312 shares.

Community Bancorp Stock Up 0.3 %

The company has a market cap of $92.32 million, a P/E ratio of 7.59 and a beta of 0.33. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.13. The company has a fifty day moving average of $16.45 and a 200 day moving average of $16.03.

Community Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th were given a dividend of $0.24 per share. The ex-dividend date was Tuesday, October 15th. This represents a $0.96 annualized dividend and a dividend yield of 5.80%. This is a positive change from Community Bancorp’s previous quarterly dividend of $0.23. Community Bancorp’s dividend payout ratio is presently 44.04%.

About Community Bancorp

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.