M&F Bancorp (OTCMKTS:MFBP) Shares Cross Above 50-Day Moving Average – What’s Next?

M&F Bancorp Inc. (OTCMKTS:MFBP – Get Free Report) shares crossed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $48.57 and traded as high as $48.8560. M&F Bancorp shares last traded at $48.8560, with a volume of 100 shares changing hands.

M&F Bancorp Stock Performance

The company has a market capitalization of $95.06 million, a PE ratio of 46.23 and a beta of -0.62. The business’s fifty day moving average is $48.62 and its two-hundred day moving average is $36.30.

M&F Bancorp (OTCMKTS:MFBP – Get Free Report) last issued its earnings results on Friday, July 31st. The financial services provider reported $0.18 EPS for the quarter. The business had revenue of $5.77 million for the quarter.

About M&F Bancorp

(Get Free Report)

M&F Bancorp, Inc is a bank holding company for Mechanics and Farmers Bank (M&F Bank), a community bank headquartered in Durham, North Carolina. M&F Bank provides banking services to individuals, families, businesses and nonprofit organizations, including deposit accounts, consumer and commercial lending, mortgage services, online and mobile banking, and treasury-management services.

Founded in 1907, M&F Bank is one of the oldest African American-owned banks in the United States.

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