Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Pass Above 50-Day Moving Average – Time to Sell?

Farmers & Merchants Bancorp (OTCMKTS:FMCB)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $1,040.05 and traded as high as $1,044.99. Farmers & Merchants Bancorp shares last traded at $1,025.00, with a volume of 737 shares.

Farmers & Merchants Bancorp Price Performance

The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.82 and a current ratio of 0.82. The firm has a market capitalization of $735 million, a P/E ratio of 8.86 and a beta of 0.22. The company has a 50-day moving average price of $1,042.50 and a 200-day moving average price of $990.48.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last posted its earnings results on Wednesday, October 16th. The bank reported $29.96 earnings per share for the quarter. The firm had revenue of $58.27 million for the quarter. Farmers & Merchants Bancorp had a return on equity of 15.35% and a net margin of 30.25%.

Farmers & Merchants Bancorp Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Wednesday, December 4th were issued a dividend of $9.30 per share. The ex-dividend date was Wednesday, December 4th. This is a positive change from Farmers & Merchants Bancorp’s previous dividend of $8.80. Farmers & Merchants Bancorp’s payout ratio is currently 15.70%.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp operates as the bank holding company for Farmers & Merchants Bank of Central California that provides various banking services to businesses and individuals. The company accepts various deposit products, including checking, savings, money market, time certificates of deposit, and individual retirement accounts.