F & M Bank (OTCMKTS:FMBM) Share Price Passes Below 50-Day Moving Average of $16.25

F & M Bank Corp. (OTCMKTS:FMBM) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $16.25 and traded as low as $16.01. F & M Bank shares last traded at $16.13, with a volume of 900 shares changing hands.

F & M Bank Stock Down 0.1 %

The firm has a market cap of $56.74 million, a PE ratio of 19.19 and a beta of 0.39. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.72 and a current ratio of 0.72. The company’s 50-day simple moving average is $16.28 and its two-hundred day simple moving average is $17.45.

F & M Bank (OTCMKTS:FMBM) last announced its quarterly earnings results on Tuesday, April 30th. The financial services provider reported $0.35 earnings per share for the quarter. The business had revenue of $10.46 million during the quarter. F & M Bank had a net margin of 4.25% and a return on equity of 5.07%.

F & M Bank Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 30th. Shareholders of record on Wednesday, May 15th were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $1.04 annualized dividend and a yield of 6.45%. F & M Bank’s payout ratio is currently 123.81%.

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.