Farmers & Merchants Bancorp (NASDAQ:FMAO) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $28.00 and traded as low as $23.15. Farmers & Merchants Bancorp shares last traded at $23.76, with a volume of 19,007 shares changing hands.

Farmers & Merchants Bancorp Trading Up 0.6 %

The company has a market capitalization of $325.51 million, a PE ratio of 12.51 and a beta of 0.67. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.78. The stock has a fifty day moving average of $25.87 and a two-hundred day moving average of $28.00.

Farmers & Merchants Bancorp (NASDAQ:FMAO) last posted its quarterly earnings results on Wednesday, February 12th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.13. Farmers & Merchants Bancorp had a return on equity of 7.97% and a net margin of 14.48%. As a group, sell-side analysts anticipate that Farmers & Merchants Bancorp, Inc. will post 1.82 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Farmers & Merchants Bancorp

Several institutional investors and hedge funds have recently bought and sold shares of FMAO. JPMorgan Chase & Co. grew its position in Farmers & Merchants Bancorp by 134.8% during the 4th quarter. JPMorgan Chase & Co. now owns 44,830 shares of the financial services provider’s stock worth $1,320,000 after acquiring an additional 25,736 shares during the last quarter. Ellsworth Advisors LLC bought a new position in Farmers & Merchants Bancorp during the 4th quarter worth approximately $585,000. Dimensional Fund Advisors LP grew its position in Farmers & Merchants Bancorp by 11.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 163,209 shares of the financial services provider’s stock worth $4,806,000 after acquiring an additional 17,339 shares during the last quarter. Inspire Investing LLC bought a new position in Farmers & Merchants Bancorp during the 4th quarter worth approximately $415,000. Finally, Barclays PLC grew its position in Farmers & Merchants Bancorp by 292.2% during the 3rd quarter. Barclays PLC now owns 16,610 shares of the financial services provider’s stock worth $460,000 after acquiring an additional 12,375 shares during the last quarter. 23.96% of the stock is currently owned by institutional investors.

Farmers & Merchants Bancorp Company Profile

Farmers & Merchants Bancorp, Inc is a bank holding company, which engages in the provision of commercial banking, retail banking, and financial services. It includes commercial, agricultural, and residential mortgages as well as consumer and credit card lending activities. The firm also offers checking account services, and savings and time deposit services.