Community Bancorp (OTCMKTS:CMTV) Shares Cross Above Fifty Day Moving Average – Here’s Why

Community Bancorp (OTCMKTS:CMTV)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $17.12 and traded as high as $17.60. Community Bancorp shares last traded at $17.60, with a volume of 346 shares changing hands.

Community Bancorp Price Performance

The business’s 50 day moving average is $17.12 and its two-hundred day moving average is $16.62. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market capitalization of $98.52 million, a PE ratio of 8.07 and a beta of 0.32.

Community Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Saturday, February 1st. Stockholders of record on Wednesday, January 15th were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.45%. The ex-dividend date was Wednesday, January 15th. Community Bancorp’s dividend payout ratio is currently 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.