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

Shares of F & M Bank Corp. (OTCMKTS:FMBM) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $32.49 and traded as high as $34.60. F & M Bank shares last traded at $34.60, with a volume of 410 shares trading hands.

F & M Bank Price Performance

The company has a 50 day moving average price of $32.49 and a 200-day moving average price of $30.70. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.09. The company has a market cap of $124.21 million, a price-to-earnings ratio of 10.24 and a beta of 0.31.

F & M Bank (OTCMKTS:FMBM) last posted its earnings results on Tuesday, April 28th. The financial services provider reported $0.91 EPS for the quarter. F & M Bank had a net margin of 14.96% and a return on equity of 11.77%. The business had revenue of $14.33 million for 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.