First Farmers and Merchants (OTCMKTS:FFMH) Shares Cross Below 50-Day Moving Average – Should You Sell?

First Farmers and Merchants Co. (OTCMKTS:FFMH)’s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $49.49 and traded as low as $49.45. First Farmers and Merchants shares last traded at $53.00, with a volume of 1,541 shares.

First Farmers and Merchants Stock Up 1.4%

The firm has a fifty day simple moving average of $49.49 and a two-hundred day simple moving average of $46.56.

First Farmers and Merchants Company Profile

First Farmers and Merchants Corporation operates as the bank holding company for First Farmers and Merchants Bank that provides various banking and financial services in Middle Tennessee and Northern Alabama. The company's deposit products include personal and business checking and savings, and individual retirement and investment accounts, as well as certificates of deposit. Its loan portfolio comprises personal mortgages; home equity lines of credit; debit and credit cards; personal, auto, and farmer loans; and business loans, such as commercial mortgages, equipment lending and leasing, construction lending, accounts receivable financing, lines of credit, and other products.