Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Cross Above Fifty Day Moving Average – Here’s Why

Farmers & Merchants Bancorp (OTCMKTS:FMCB)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $1,303.00 and traded as high as $1,309.9301. Farmers & Merchants Bancorp shares last traded at $1,309.9301, with a volume of 26 shares changing hands.

Farmers & Merchants Bancorp Trading Up 0.1%

The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.02. The firm’s 50-day moving average price is $1,303.00 and its 200 day moving average price is $1,197.09. The company has a market capitalization of $903.85 million, a P/E ratio of 9.60 and a beta of 0.45.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last announced its quarterly earnings results on Monday, April 20th. The bank reported $999.00 earnings per share for the quarter. The business had revenue of $62.06 million for the quarter. Farmers & Merchants Bancorp had a net margin of 30.75% and a return on equity of 14.76%.

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.