F & M Bank (OTCMKTS:FMBM) Share Price Passes Above Fifty Day Moving Average – Time to Sell?

F & M Bank Corp. (OTCMKTS:FMBM) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $37.26 and traded as high as $40.75. F & M Bank shares last traded at $40.75, with a volume of 724 shares.

F & M Bank Trading Up 0.6%

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 firm has a 50 day moving average price of $37.26 and a 200 day moving average price of $33.56. The stock has a market capitalization of $146.29 million, a PE ratio of 10.09 and a beta of 0.29.

F & M Bank (OTCMKTS:FMBM) last announced its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.50 earnings per share (EPS) for the quarter. The business had revenue of $17.19 million during the quarter. F & M Bank had a return on equity of 13.81% and a net margin of 17.24%.

About F & M Bank

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.