F & M Bank (OTCMKTS:FMBM) Shares Pass Above Fifty Day Moving Average – Here’s Why

F & M Bank Corp. (OTCMKTS:FMBM)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $30.75 and traded as high as $31.70. F & M Bank shares last traded at $30.98, with a volume of 41,861 shares.

F & M Bank Stock Performance

The company has a debt-to-equity ratio of 0.07, a current ratio of 0.77 and a quick ratio of 0.77. The business has a 50 day moving average price of $30.79 and a 200 day moving average price of $28.09. The stock has a market capitalization of $109.97 million, a PE ratio of 9.74 and a beta of 0.29.

F & M Bank (OTCMKTS:FMBM) last posted its quarterly earnings results on Friday, January 30th. The financial services provider reported $0.81 earnings per share (EPS) for the quarter. The firm had revenue of $13.86 million during the quarter. F & M Bank had a return on equity of 11.72% and a net margin of 14.23%.

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. It also provides construction loans, including residential, and land acquisition and development loans; commercial real estate loans; business loans; consumer loans, such as personal loans, automobile loans, deposit account loans, installment and demand loans, and home equity loans; residential mortgage loans; credit cards; dealer finance; farmland loans; multi-family loans; and commercial and industrial loans.