Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG – Get Free Report)’s share price dropped 1.3% during mid-day trading on Tuesday . The stock traded as low as $17.28 and last traded at $17.28. Approximately 2,200 shares changed hands during mid-day trading, an increase of 135% from the average daily volume of 938 shares. The stock had previously closed at $17.50.
Farmers and Merchants Bancshares Stock Performance
The business’s 50 day simple moving average is $17.56 and its two-hundred day simple moving average is $17.63.
About Farmers and Merchants Bancshares
Farmers and Merchants Bancshares is the bank holding company for Farmers and Merchants Bank, a community-focused institution based in Lyons, Kansas. Through its banking subsidiary, the company provides a full range of deposit and lending products designed to meet the needs of individuals, families and small businesses. Core offerings include checking and savings accounts, certificates of deposit and consumer loan products such as auto and home mortgages.
In addition to traditional banking services, Farmers and Merchants Bancshares offers commercial and agricultural lending to support local enterprises and farming operations throughout its service area.
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