F & M Bank (OTCMKTS:FMBM) Shares Pass Above 50-Day Moving Average – What’s Next?

F & M Bank Corp. (OTCMKTS:FMBM) passed 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 traded.

F & M Bank Stock Performance

The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.77 and a current ratio of 0.77. The stock’s 50 day moving average price is $32.49 and its 200 day moving average price is $30.70. The company has a market capitalization of $124.21 million, a P/E ratio of 10.24 and a beta of 0.31.

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

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.