Farmers & Merchants Bancorp (OTCMKTS:FMCB) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Farmers & Merchants Bancorp (OTCMKTS:FMCB)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $1,014.61 and traded as high as $1,040.00. Farmers & Merchants Bancorp shares last traded at $1,040.00, with a volume of 112 shares trading hands.

Farmers & Merchants Bancorp Stock Performance

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 stock has a market capitalization of $748.80 million, a PE ratio of 8.20 and a beta of 0.24. The firm’s fifty day moving average price is $1,014.61 and its two-hundred day moving average price is $1,008.68.

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

Farmers & Merchants Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Thursday, September 11th will be issued a dividend of $5.00 per share. This represents a $20.00 annualized dividend and a dividend yield of 1.9%. Farmers & Merchants Bancorp’s dividend payout ratio (DPR) is 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.