Shares of Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG – Get Free Report) dropped 1.3% during mid-day trading on Tuesday . The stock traded as low as $17.28 and last traded at $17.28. Approximately 2,200 shares were traded during mid-day trading, an increase of 135% from the average daily volume of 938 shares. The stock had previously closed at $17.50.
Farmers and Merchants Bancshares Price Performance
The company’s fifty day moving average is $17.57 and its 200-day moving average is $17.61.
Farmers and Merchants Bancshares Company Profile
Farmers and Merchants Bancshares is the bank holding company for Farmers and Merchants Bank, a community-focused institution based in Lyons, Kansas. Through its banking subsidiary, the company provides a full range of deposit and lending products designed to meet the needs of individuals, families and small businesses. Core offerings include checking and savings accounts, certificates of deposit and consumer loan products such as auto and home mortgages.
In addition to traditional banking services, Farmers and Merchants Bancshares offers commercial and agricultural lending to support local enterprises and farming operations throughout its service area.
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