Farmers & Merchants Bancorp (OTCMKTS:FMCB) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

Farmers & Merchants Bancorp (OTCMKTS:FMCB) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $1,315.96 and traded as high as $1,330.00. Farmers & Merchants Bancorp shares last traded at $1,324.50, with a volume of 5 shares changing hands.

Farmers & Merchants Bancorp Trading Up 1.9%

The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $916.55 million, a price-to-earnings ratio of 9.70 and a beta of 0.48. The firm has a 50-day moving average price of $1,315.96 and a 200-day moving average price of $1,206.51.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last announced its earnings results on Monday, April 20th. The bank reported $35.34 earnings per share for the quarter. Farmers & Merchants Bancorp had a return on equity of 14.76% and a net margin of 30.75%.The business had revenue of $62.06 million during the quarter.

Farmers & Merchants Bancorp Company Profile

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.