Farmers & Merchants Bancorp (OTCMKTS:FMCB) Sees Large Volume Increase – Here’s What Happened

Farmers & Merchants Bancorp (OTCMKTS:FMCBGet Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 2,036 shares traded hands during trading, an increase of 686% from the previous session’s volume of 259 shares.The stock last traded at $1,114.15 and had previously closed at $1,140.00.

Farmers & Merchants Bancorp Stock Down 0.9%

The business’s 50 day moving average is $1,099.54 and its 200 day moving average is $1,052.30. The company has a market capitalization of $788.74 million, a price-to-earnings ratio of 8.64 and a beta of 0.19. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.75 and a current ratio of 0.75.

About Farmers & Merchants Bancorp

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Farmers & Merchants Bancorp, Inc is a bank holding company that operates through its wholly owned subsidiary, Farmers & Merchants Bank of Central California. Headquartered in Hanford, California, the company provides a broad range of commercial and consumer banking services tailored to individuals, businesses and agricultural enterprises in the San Joaquin Valley region.

The company’s core offerings include deposit products such as checking accounts, savings accounts, money market accounts and certificates of deposit.

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