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F & M Bank (OTCMKTS:FMBM) Share Price Passes Above Fifty Day Moving Average - Should You Sell?

F & M Bank logo with Finance background

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.
  • Want stock alerts on F & M Bank? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

F & M Bank Corp. (OTCMKTS:FMBM - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty 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 traded.

F & M Bank Price Performance

The company has a quick ratio of 0.76, a current ratio of 0.75 and a debt-to-equity ratio of 0.07. The business has a 50-day moving average price of $22.12 and a two-hundred day moving average price of $20.69. The company has a market capitalization of $83.35 million, a price-to-earnings ratio of 9.71 and a beta of 0.22.

F & M Bank (OTCMKTS:FMBM - Get Free Report) last issued its earnings results on Wednesday, July 30th. The financial services provider reported $0.84 earnings per share 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.

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.

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