Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Cross Above 50 Day Moving Average – What’s Next?

Shares of Farmers & Merchants Bancorp (OTCMKTS:FMCB) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $1,176.54 and traded as high as $1,330.00. Farmers & Merchants Bancorp shares last traded at $1,330.00, with a volume of 39 shares trading hands.

Farmers & Merchants Bancorp Stock Performance

The stock’s 50 day moving average price is $1,176.54 and its 200 day moving average price is $1,121.30. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.02. The firm has a market cap of $917.70 million, a PE ratio of 9.74 and a beta of 0.43.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last issued its earnings results on Monday, April 20th. The bank reported $999.00 EPS for the quarter. Farmers & Merchants Bancorp had a net margin of 30.75% and a return on equity of 14.88%. The business had revenue of $62.06 million for the quarter.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp, Inc is a bank holding company that operates through its wholly owned subsidiary, Farmers & Merchants Bank of Central California. Headquartered in Hanford, California, the company provides a broad range of commercial and consumer banking services tailored to individuals, businesses and agricultural enterprises in the San Joaquin Valley region.

The company’s core offerings include deposit products such as checking accounts, savings accounts, money market accounts and certificates of deposit.