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

F & M Bank Corp. (OTCMKTS:FMBM)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $26.78 and traded as high as $27.20. F & M Bank shares last traded at $26.95, with a volume of 10,083 shares.

F & M Bank Trading Up 0.9%

The company’s fifty day simple moving average is $26.80 and its 200-day simple moving average is $23.78. The firm has a market capitalization of $96.69 million, a PE ratio of 9.06 and a beta of 0.30. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.75 and a quick ratio of 0.75.

F & M Bank (OTCMKTS:FMBM) last released its quarterly earnings results on Tuesday, October 28th. The financial services provider reported $0.82 earnings per share for the quarter. F & M Bank had a net margin of 13.58% and a return on equity of 11.69%. The firm had revenue of $13.23 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.