Farmers and Merchants Bancshares (OTCMKTS:FMFG) Shares Down 0.9% – What’s Next?

Shares of Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG – Get Free Report) fell 0.9% on Wednesday. The stock traded as low as $18.60 and last traded at $18.60. 400 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 1,208 shares. The stock had previously closed at $18.76.

Farmers and Merchants Bancshares Trading Down 0.9%

The business’s fifty day simple moving average is $18.92 and its 200-day simple moving average is $18.22.

About Farmers and Merchants Bancshares

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Farmers and Merchants Bancshares, Inc is a bank holding company based in Maryland. Through its subsidiary, Farmers and Merchants Bank, the company provides community banking services to individuals, families, farmers, small businesses and other commercial customers.

Farmers and Merchants Bank offers deposit products, residential and commercial real estate loans, consumer lending, agricultural financing and business loans. Its services also include online and mobile banking, cash management, electronic payments and other treasury management solutions designed to support personal and business financial needs.

The company serves communities in central Maryland, including areas in and around Baltimore, Carroll and Harford counties, through a network of local banking offices and digital channels.

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