M&F Bancorp (OTCMKTS:MFBP) Stock Price Passes Above 50 Day Moving Average of $6.46

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Shares of M&F Bancorp, Inc. (OTCMKTS:MFBP) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $6.46 and traded as high as $7.50. M&F Bancorp shares last traded at $7.48, with a volume of 2,620 shares traded.

The business’s fifty day simple moving average is $6.55 and its 200 day simple moving average is $4.55.

About M&F Bancorp (OTCMKTS:MFBP)

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.

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