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

Shares of Farmers & Merchants Bancorp (OTCMKTS:FMCB) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $1,331.02 and traded as high as $1,391.25. Farmers & Merchants Bancorp shares last traded at $1,391.25, with a volume of 102 shares changing hands.

Farmers & Merchants Bancorp Stock Performance

The firm has a market capitalization of $959.96 million, a price-to-earnings ratio of 9.94 and a beta of 0.48. The firm’s 50-day moving average price is $1,331.02 and its two-hundred day moving average price is $1,233.57. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.76 and a current ratio of 0.76.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last posted its quarterly earnings results on Monday, July 20th. The bank reported $36.39 earnings per share (EPS) for the quarter. The firm had revenue of $62.39 million during the quarter. Farmers & Merchants Bancorp had a net margin of 31.10% and a return on equity of 14.85%.

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.