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

by · The Markets Daily

F & M Bank Corp. (OTCMKTS:FMBM – Get Free Report)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $39.68 and traded as high as $40.19. F & M Bank shares last traded at $40.19, with a volume of 460 shares traded.

F & M Bank Stock Performance

The company’s fifty day moving average is $39.74 and its two-hundred day moving average is $35.27. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.09. The stock has a market cap of $144.20 million, a price-to-earnings ratio of 9.95 and a beta of 0.30.

F & M Bank (OTCMKTS:FMBM – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.50 EPS for the quarter. F & M Bank had a net margin of 17.24% and a return on equity of 13.56%. The company had revenue of $17.19 million during the quarter.

About F & M Bank

(Get Free Report)

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.

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