Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Pass Above 50 Day Moving Average – Should You Sell?

Farmers & Merchants Bancorp (OTCMKTS:FMCB)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $1,023.06 and traded as high as $1,059.50. Farmers & Merchants Bancorp shares last traded at $1,040.00, with a volume of 56 shares traded.

Farmers & Merchants Bancorp Stock Performance

The firm has a market capitalization of $748.80 million, a P/E ratio of 8.20 and a beta of 0.24. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.02. The company has a 50-day moving average of $1,023.06 and a 200-day moving average of $1,009.77.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last issued its quarterly earnings results on Thursday, July 17th. The bank reported $32.94 earnings per share for the quarter. Farmers & Merchants Bancorp had a return on equity of 15.03% and a net margin of 30.61%.The firm had revenue of $59.39 million during the quarter.

Farmers & Merchants Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Thursday, September 11th will be issued a dividend of $5.00 per share. This represents a $20.00 dividend on an annualized basis and a yield of 1.9%. Farmers & Merchants Bancorp’s payout ratio is currently 14.66%.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp operates as the bank holding company for Farmers & Merchants Bank of Central California that provides various banking services to businesses and individuals. The company accepts various deposit products, including checking, savings, money market, time certificates of deposit, and individual retirement accounts.