Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sees Unusually-High Trading Volume – Should You Buy?

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) shares saw strong trading volume on Friday . Approximately 369 shares were traded during trading, an increase of 251% from the previous session’s volume of 105 shares.The stock last traded at $9,860.00 and had previously closed at $9,891.9902.

Farmers & Merchants Bank of Long Beach Trading Down 0.2%

The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.21. The stock has a 50-day simple moving average of $9,736.76 and a 200 day simple moving average of $8,949.33. The company has a market cap of $1.18 billion, a price-to-earnings ratio of 14.04 and a beta of 0.23.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last issued its quarterly earnings results on Tuesday, July 14th. The company reported $256.32 earnings per share for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 19.76% and a return on equity of 6.73%. The company had revenue of $98.99 million for the quarter.

About Farmers & Merchants Bank of Long Beach

Farmers & Merchants Bank of Long Beach is a community bank headquartered in Long Beach, California. Founded in 1907, the bank serves individuals, families, businesses and nonprofit organizations across Southern California through a network of banking offices in the region.

The bank offers traditional personal and business banking products, including checking and savings accounts, certificates of deposit, online and mobile banking, consumer loans, commercial real estate lending and other business financing.