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

Farmers & Merchants Bancorp (OTCMKTS:FMCB) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $1,385.91 and traded as high as $1,430.00. Farmers & Merchants Bancorp shares last traded at $1,430.00, with a volume of 3 shares.

Farmers & Merchants Bancorp Stock Down 0.3%

The stock has a market capitalization of $1.00 billion, a PE ratio of 10.22 and a beta of 0.45. The firm has a 50 day moving average of $1,385.91 and a two-hundred day moving average of $1,293.12. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.02.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last released its quarterly earnings results on Monday, July 20th. The bank reported $36.39 earnings per share (EPS) for the quarter. Farmers & Merchants Bancorp had a return on equity of 14.68% and a net margin of 31.10%.The business had revenue of $62.39 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.