Commercial National Financial (OTCMKTS:CEFC) Trading Down 3.4% – Should You Sell?

Commercial National Financial Co. (OTCMKTS:CEFC)’s stock price dropped 3.4% on Wednesday . The company traded as low as $9.85 and last traded at $9.85. Approximately 1,210 shares traded hands during mid-day trading, a decline of 30% from the average daily volume of 1,728 shares. The stock had previously closed at $10.20.

Commercial National Financial Price Performance

The stock has a market cap of $39.06 million, a PE ratio of 7.14 and a beta of 0.49. The company’s fifty day moving average is $9.81 and its 200-day moving average is $9.34.

Commercial National Financial (OTCMKTS:CEFC) last released its quarterly earnings data on Friday, October 25th. The company reported $0.36 EPS for the quarter. The company had revenue of $5.23 million during the quarter.

Commercial National Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, December 13th will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.69%. The ex-dividend date of this dividend is Friday, December 13th. Commercial National Financial’s dividend payout ratio (DPR) is presently 40.58%.

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.