CNB Financial (NASDAQ:CCNEP) Shares Break Above 200 Day Moving Average – Should You Sell?

CNB Financial Co. (NASDAQ:CCNEP)’s share price passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $24.94 and traded as high as $24.97. CNB Financial shares last traded at $25.03, with a volume of 1,270 shares traded.

CNB Financial Stock Up 0.5%

The stock’s fifty day simple moving average is $24.77 and its 200-day simple moving average is $24.94.

CNB Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Sunday, November 15th will be given a $0.4453 dividend. The ex-dividend date is Friday, November 13th. This represents a $1.78 dividend on an annualized basis and a yield of 7.1%.

CNB Financial Company Profile

CNB Financial Corporation is a bank holding company headquartered in Clearfield, Pennsylvania. Through its principal subsidiary, CNB Bank, the company provides community banking services to individuals, families, businesses and government entities.

CNB Bank’s offerings include checking and savings accounts, certificates of deposit, residential and commercial real estate loans, consumer lending, business loans, treasury management and other deposit and lending products. The company also provides wealth management and related financial services through its banking platform and affiliated operations.

CNB Financial serves customers through branch locations and digital banking channels across Pennsylvania and surrounding markets, including parts of Ohio and New York.