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F & M Bank (OTCMKTS:FMBM) Share Price Passes Above 50-Day Moving Average - Here's Why

F & M Bank logo with Finance background

Key Points

  • F & M Bank Corp.'s stock price has crossed above its 50-day moving average of $21.61, reaching a peak of $23.50 during trading.
  • The bank reported a quarterly EPS of $0.84 and revenue of $13.32 million, indicating a return on equity of 9.51% and a net margin of 10.96%.
  • F & M Bank has a market capitalization of $83.66 million and low debt-to-equity ratio of 0.08, reflecting a strong financial position.
  • Looking to Export and Analyze F & M Bank Data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

F & M Bank Corp. (OTCMKTS:FMBM - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $21.61 and traded as high as $23.50. F & M Bank shares last traded at $23.50, with a volume of 5,508 shares changing hands.

F & M Bank Trading Up 0.7%

The stock has a market capitalization of $83.66 million, a P/E ratio of 9.75 and a beta of 0.22. The stock's fifty day moving average price is $21.61 and its 200 day moving average price is $20.49. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.76 and a quick ratio of 0.76.

F & M Bank (OTCMKTS:FMBM - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $0.84 EPS for the quarter. The firm had revenue of $13.32 million for the quarter. F & M Bank had a return on equity of 9.51% and a net margin of 10.96%.

F & M Bank Company Profile

(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.

Further Reading

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