F & M Bank (OTCMKTS:FMBM) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

F & M Bank Corp. (OTCMKTS:FMBM) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $20.18 and traded as high as $20.89. F & M Bank shares last traded at $20.89, with a volume of 1,150 shares traded.

F & M Bank Stock Down 0.2 %

The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.08. The business has a 50-day simple moving average of $20.18 and a 200-day simple moving average of $21.45. The stock has a market cap of $73.66 million, a P/E ratio of 10.04 and a beta of 0.37.

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

F & M Bank Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.04 annualized dividend and a yield of 4.98%. F & M Bank’s payout ratio is 50.00%.

About F & M Bank

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.