F & M Bank (OTCMKTS:FMBM) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

F & M Bank Corp. (OTCMKTS:FMBM) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $30.75 and traded as high as $31.70. F & M Bank shares last traded at $30.98, with a volume of 41,861 shares traded.

F & M Bank Stock Performance

The stock’s 50 day moving average price is $30.75 and its two-hundred day moving average price is $28.04. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $110.29 million, a price-to-earnings ratio of 9.77 and a beta of 0.29.

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

F & M Bank Company Profile

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.