F & M Bank (OTCMKTS:FMBM) Stock Crosses Below 50 Day Moving Average – Should You Sell?

F & M Bank Corp. (OTCMKTS:FMBM)’s stock price passed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $40.28 and traded as low as $40.25. F & M Bank shares last traded at $40.92, with a volume of 418 shares traded.

F & M Bank Stock Performance

The business has a 50 day moving average of $40.28 and a 200 day moving average of $36.72. The company has a market capitalization of $146.90 million, a P/E ratio of 10.13 and a beta of 0.30. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.09.

F & M Bank (OTCMKTS:FMBM) last released its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.50 earnings per share for the quarter. F & M Bank had a return on equity of 13.56% and a net margin of 17.24%. The business had revenue of $17.19 million during the quarter.

F & M Bank Company Profile

F&M Bank, the principal banking subsidiary of F&M Bank Corp. (OTCMKTS:FMBM), is a community bank headquartered in Timberville, Virginia. The bank serves individuals, families, farmers and businesses primarily in Virginia’s Shenandoah Valley and surrounding communities.

The bank provides a range of traditional financial services, including checking and savings accounts, certificates of deposit, consumer and residential mortgage loans, commercial lending, agricultural financing and other business banking services.