F & M Bank (OTCMKTS:FMBM) Shares Pass Below 50-Day Moving Average – Time to Sell?

F & M Bank Corp. (OTCMKTS:FMBM)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $20.53 and traded as low as $19.35. F & M Bank shares last traded at $19.60, with a volume of 450 shares changing hands.

F & M Bank Price Performance

The firm has a market capitalization of $69.11 million, a P/E ratio of 12.48 and a beta of 0.37. The stock’s 50 day simple moving average is $20.53 and its 200 day simple moving average is $20.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.72 and a current ratio of 0.72.

F & M Bank (OTCMKTS:FMBM) last released its quarterly earnings data on Friday, November 8th. The financial services provider reported $0.23 EPS for the quarter. The company had revenue of $11.24 million for the quarter. F & M Bank had a return on equity of 6.69% and a net margin of 7.48%.

F & M Bank Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 14th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 5.31%. The ex-dividend date of this dividend was Thursday, November 14th. F & M Bank’s dividend payout ratio (DPR) is presently 66.24%.

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.