Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Cross Above 50 Day Moving Average - What's Next?

Key Points

• Technical breakout: Farmers & Merchants Bancorp (OTCMKTS:FMCB) shares crossed above their 50-day moving average ($1,176.54) on Tuesday, last trading at $1,330.00 (high $1,330.00) with volume of 39 shares and a 200-day MA of $1,121.30.
• Strong reported results and balance sheet metrics: The bank posted quarterly EPS of $999.00 on $62.06M revenue, with a 30.75% net margin and 14.88% ROE, a market cap of $917.7M, PE of 9.74 and a very low debt-to-equity of 0.02.

Farmers & Merchants Bancorp (OTCMKTS:FMCB - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $1,176.54 and traded as high as $1,330.00. Farmers & Merchants Bancorp shares last traded at $1,330.00, with a volume of 39 shares traded.

Farmers & Merchants Bancorp Stock Performance

The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.02. The company has a market cap of $917.70 million, a PE ratio of 9.74 and a beta of 0.43. The stock's 50 day simple moving average is $1,176.54 and its two-hundred day simple moving average is $1,121.30.

Farmers & Merchants Bancorp (OTCMKTS:FMCB - Get Free Report) last posted its quarterly earnings results on Monday, April 20th. The bank reported $999.00 earnings per share for the quarter. The company had revenue of $62.06 million for the quarter. Farmers & Merchants Bancorp had a net margin of 30.75% and a return on equity of 14.88%.

Farmers & Merchants Bancorp Company Profile

Farmers & Merchants Bancorp, Inc is a bank holding company that operates through its wholly owned subsidiary, Farmers & Merchants Bank of Central California. Headquartered in Hanford, California, the company provides a broad range of commercial and consumer banking services tailored to individuals, businesses and agricultural enterprises in the San Joaquin Valley region.

The company’s core offerings include deposit products such as checking accounts, savings accounts, money market accounts and certificates of deposit.

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