F & M Bank (OTCMKTS:FMBM) Shares Pass Above 50-Day Moving Average – Here’s Why

F & M Bank Corp. (OTCMKTS:FMBM) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $28.97 and traded as high as $32.25. F & M Bank shares last traded at $31.75, with a volume of 821 shares changing hands.

F & M Bank Stock Performance

The firm has a market cap of $113.03 million, a P/E ratio of 10.02 and a beta of 0.29. The company’s 50-day moving average is $28.97 and its two-hundred day moving average is $26.59. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.07.

F & M Bank (OTCMKTS:FMBM) last released its quarterly earnings results on Friday, January 30th. The financial services provider reported $0.81 earnings per share for the quarter. The company had revenue of $13.86 million for the quarter. F & M Bank had a net margin of 14.23% and a return on equity of 11.72%.

About F & M Bank

F & M Bank Corp. operates as the bank holding company for Farmers & Merchants Bank that provides financial products and services to consumers and businesses in Virginia. The company offers commercial and individual demand and time deposit accounts, savings accounts, money market accounts, internet and mobile banking services, and drive-in banking services. It also provides construction loans, including residential, and land acquisition and development loans; commercial real estate loans; business loans; consumer loans, such as personal loans, automobile loans, deposit account loans, installment and demand loans, and home equity loans; residential mortgage loans; credit cards; dealer finance; farmland loans; multi-family loans; and commercial and industrial loans.