Community Bancorp (OTCMKTS:CMTV) Share Price Passes Above 50-Day Moving Average – Here’s Why

Community Bancorp (OTCMKTS:CMTV) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $17.32 and traded as high as $17.95. Community Bancorp shares last traded at $17.95, with a volume of 505 shares.

Community Bancorp Price Performance

The company has a debt-to-equity ratio of 0.13, a current ratio of 0.90 and a quick ratio of 0.90. The firm has a market capitalization of $100.48 million, a PE ratio of 8.23 and a beta of 0.33. The company has a 50-day moving average price of $17.32 and a 200-day moving average price of $16.76.

Community Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Saturday, February 1st. Shareholders of record on Wednesday, January 15th were paid a dividend of $0.24 per share. The ex-dividend date was Wednesday, January 15th. This represents a $0.96 annualized dividend and a yield of 5.35%. Community Bancorp’s dividend payout ratio is presently 44.04%.

Community Bancorp Company Profile

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.