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

Key Points

• F & M Bank's share price exceeded its 50-day moving average of $22.00, trading at a high of $23.48 on Friday.
• The bank reported earnings of $0.84 per share with revenue of $13.32 million during its last quarter.
• F & M Bank has a market capitalization of $83.59 million and a P/E ratio of 9.74, indicating solid financial health.

F & M Bank Corp. (OTCMKTS:FMBM - Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $22.00 and traded as high as $23.48. F & M Bank shares last traded at $23.48, with a volume of 682 shares.

F & M Bank Trading Up 0.2%

The stock has a fifty day moving average of $22.17 and a 200 day moving average of $20.71. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.76 and a current ratio of 0.75. The company has a market capitalization of $83.30 million, a PE ratio of 9.71 and a beta of 0.22.

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 EPS for the quarter. F & M Bank had a return on equity of 9.36% and a net margin of 10.96%.The company 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.