M&F Bancorp (OTCMKTS:MFBP) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of M&F Bancorp Inc. (OTCMKTS:MFBPGet Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $27.02 and traded as high as $48.1460. M&F Bancorp shares last traded at $48.00, with a volume of 1,302 shares traded.

M&F Bancorp Stock Up 1.0%

The business has a 50-day simple moving average of $33.69 and a 200-day simple moving average of $27.02. The company has a market cap of $93.12 million, a PE ratio of 45.28 and a beta of -0.59.

M&F Bancorp (OTCMKTS:MFBPGet Free Report) last announced its earnings results on Friday, July 31st. The financial services provider reported $0.18 earnings per share (EPS) for the quarter. The business had revenue of $5.77 million for the quarter.

M&F Bancorp Company Profile

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M&F Bancorp, Inc is the bank holding company for M&F Bank, a community bank headquartered in Martinsville, Virginia. Through its subsidiary, the company offers a comprehensive suite of commercial and retail banking products and services designed to meet the needs of individuals, small- and medium-sized businesses, and municipal entities. Core offerings include checking and savings accounts, money market and time deposit products, consumer and mortgage loans, and commercial lending solutions.

Operating primarily in southwestern Virginia and northern North Carolina, M&F Bank maintains a network of full-service branches complemented by digital banking channels.

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