F & M Bank (OTCMKTS:FMBM) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of F & M Bank Corp. (OTCMKTS:FMBM) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $21.00 and traded as low as $18.75. F & M Bank shares last traded at $19.00, with a volume of 300 shares trading hands.

F & M Bank Trading Down 1.7 %

The company has a debt-to-equity ratio of 0.08, a current ratio of 0.72 and a quick ratio of 0.72. The firm’s 50 day moving average price is $19.97 and its 200 day moving average price is $21.00. The stock has a market capitalization of $67.03 million, a P/E ratio of 9.13 and a beta of 0.35.

F & M Bank (OTCMKTS:FMBM) last released its quarterly earnings results on Thursday, January 30th. The financial services provider reported $0.64 EPS for the quarter. F & M Bank had a return on equity of 8.77% and a net margin of 9.68%.

F & M Bank Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 5.47%. The ex-dividend date was Friday, February 14th. F & M Bank’s dividend payout ratio (DPR) is currently 50.00%.

F & M Bank Company Profile

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.