F & M Bank (OTCMKTS:FMBM) Shares Pass Above 50-Day Moving Average – Time to Sell?

Shares of F & M Bank Corp. (OTCMKTS:FMBM) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $20.07 and traded as high as $20.99. F & M Bank shares last traded at $20.00, with a volume of 2,643 shares trading hands.

F & M Bank Trading Up 0.8 %

The firm’s fifty day moving average price is $20.07 and its 200-day moving average price is $21.34. The company has a market cap of $70.40 million, a price-to-earnings ratio of 9.62 and a beta of 0.37. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.72 and a quick ratio of 0.72.

F & M Bank (OTCMKTS:FMBM) last posted its earnings results on Thursday, January 30th. The financial services provider reported $0.64 earnings per share (EPS) for the quarter. F & M Bank had a net margin of 9.68% and a return on equity of 8.77%.

F & M Bank Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 5.20%. The ex-dividend date is Friday, February 14th. F & M Bank’s dividend payout ratio is currently 50.00%.

F & M Bank Company Profile

F & M Bank Corp. operates as the bank holding company for Farmers & Merchants Bank that provides financial products and services to consumers and businesses in Virginia. The company offers commercial and individual demand and time deposit accounts, savings accounts, money market accounts, internet and mobile banking services, and drive-in banking services.