M&F Bancorp (OTCMKTS:MFBP) Shares Cross Above 50 Day Moving Average – Time to Sell?

M&F Bancorp Inc. (OTCMKTS:MFBPGet Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $18.91 and traded as high as $18.99. M&F Bancorp shares last traded at $18.99, with a volume of 758 shares trading hands.

M&F Bancorp Stock Down 0.1%

The business’s 50-day simple moving average is $18.91 and its two-hundred day simple moving average is $18.98. The firm has a market capitalization of $36.65 million, a price-to-earnings ratio of 9.54 and a beta of -0.63.

M&F Bancorp (OTCMKTS:MFBPGet Free Report) last posted its quarterly earnings data on Tuesday, November 4th. The financial services provider reported $0.58 earnings per share for the quarter. The company had revenue of $6.16 million for the quarter.

M&F Bancorp Company Profile

(Get Free Report)

M&F Bancorp, Inc operates as a bank holding company for the Mechanics and Farmers Bank that provides consumer and commercial banking products and services in North Carolina. It offers deposit products, including demand deposits; checking, savings, and money market accounts, as well as certificates of deposit.

Featured Articles

Receive News & Ratings for M&F Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for M&F Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.