F & M Bank (OTCMKTS:FMBM) Shares Cross Above Fifty Day Moving Average - What's Next?

Key Points

• F & M Bank Corp.'s stock price has surpassed its 50-day moving average of $21.16, trading at $22.10 with a recent volume of 314 shares.
• The bank reported a net margin of 11.15% and an earnings per share of $0.84 for its latest quarterly earnings.
• With a market cap of $78.68 million, F & M Bank has a low debt-to-equity ratio of 0.08 and a current ratio of 0.76.

F & M Bank Corp. (OTCMKTS:FMBM - Get Free Report)'s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $21.16 and traded as high as $22.10. F & M Bank shares last traded at $22.10, with a volume of 314 shares traded.

F & M Bank Stock Performance

The business's 50-day moving average price is $21.30 and its 200-day moving average price is $20.40. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a market cap of $83.30 million, a P/E ratio of 9.71 and a beta of 0.22.

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

About F & M Bank

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.