Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sets New 52-Week High – What’s Next?

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $5,760.00 and last traded at $5,755.00, with a volume of 16 shares changing hands. The stock had previously closed at $5,650.00.

Farmers & Merchants Bank of Long Beach Stock Performance

The company has a market cap of $690.60 million, a PE ratio of 13.22 and a beta of 0.41. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.78 and a current ratio of 0.78. The stock’s 50-day simple moving average is $5,417.22 and its 200 day simple moving average is $5,074.20.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last announced its quarterly earnings data on Thursday, October 17th. The company reported $115.17 EPS for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 11.52% and a return on equity of 3.95%. The firm had revenue of $64.89 million during the quarter.

About Farmers & Merchants Bank of Long Beach

Farmers & Merchants Bank of Long Beach provides various banking products and services to individuals, professionals, and small to medium-sized businesses in Los Angeles, Orange, and Santa Barbara Counties. It offers checking, savings, Christmas club savings, health savings, market rate savings, and money market accounts; demand and time deposits; certificates of deposit; and individual retirement account.