Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG – Get Free Report) shares dropped 0.9% during mid-day trading on Wednesday. The stock traded as low as $18.60 and last traded at $18.60. Approximately 400 shares traded hands during trading, a decline of 67% from the average session volume of 1,208 shares. The stock had previously closed at $18.76.
Farmers and Merchants Bancshares Stock Performance
The company has a 50 day simple moving average of $18.91 and a two-hundred day simple moving average of $18.23.
Farmers and Merchants Bancshares Company Profile
Farmers and Merchants Bancshares, Inc is a bank holding company based in Maryland. Through its subsidiary, Farmers and Merchants Bank, the company provides community banking services to individuals, families, farmers, small businesses and other commercial customers.
Farmers and Merchants Bank offers deposit products, residential and commercial real estate loans, consumer lending, agricultural financing and business loans. Its services also include online and mobile banking, cash management, electronic payments and other treasury management solutions designed to support personal and business financial needs.
The company serves communities in central Maryland, including areas in and around Baltimore, Carroll and Harford counties, through a network of local banking offices and digital channels.
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