Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Pass Above 50 Day Moving Average – Here’s What Happened

Farmers & Merchants Bancorp (OTCMKTS:FMCB)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $1,278.02 and traded as high as $1,344.98. Farmers & Merchants Bancorp shares last traded at $1,321.00, with a volume of 30 shares changing hands.

Farmers & Merchants Bancorp Stock Down 1.6%

The stock has a market cap of $911.49 million, a price-to-earnings ratio of 9.68 and a beta of 0.45. The business has a fifty day moving average of $1,278.02 and a 200 day moving average of $1,182.20. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.76 and a quick ratio of 0.76.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last posted its earnings results on Monday, April 20th. The bank reported $999.00 EPS for the quarter. Farmers & Merchants Bancorp had a net margin of 30.75% and a return on equity of 14.76%. The company had revenue of $62.06 million during the quarter.

About Farmers & Merchants Bancorp

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.