Farmers & Merchants Bancorp (OTCMKTS:FMCB) Stock Passes Above Fifty Day Moving Average – What’s Next?

Shares of Farmers & Merchants Bancorp (OTCMKTS:FMCB) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $1,190.58 and traded as high as $1,310.7949. Farmers & Merchants Bancorp shares last traded at $1,310.01, with a volume of 77 shares changing hands.

Farmers & Merchants Bancorp Price Performance

The stock has a 50 day moving average of $1,190.58 and a two-hundred day moving average of $1,134.38. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.74 and a current ratio of 0.76. The firm has a market capitalization of $903.91 million, a P/E ratio of 9.60 and a beta of 0.43.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last issued its quarterly earnings data on Monday, April 20th. The bank reported $999.00 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 for 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.