F & M Bank (OTCMKTS:FMBM) Stock Price Crosses Above Fifty Day Moving Average - Here's What Happened

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 share 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 changing hands.

F & M Bank Price Performance

The stock has a market capitalization of $83.30 million, a PE ratio of 9.71 and a beta of 0.22. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.08. The company's 50-day moving average is $21.30 and its 200 day moving average is $20.41.

F & M Bank (OTCMKTS:FMBM - Get Free Report) last posted its quarterly 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 company had revenue of $13.32 million during the quarter.

F & M Bank Company Profile

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.