F & M Bank (OTCMKTS:FMBM) Stock Passes Above Fifty Day Moving Average – Here’s Why

F & M Bank Corp. (OTCMKTS:FMBM)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty 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.

F & M Bank Trading Up 0.8 %

The company has a debt-to-equity ratio of 0.08, a current ratio of 0.72 and a quick ratio of 0.72. The company has a market cap of $70.40 million, a price-to-earnings ratio of 10.09 and a beta of 0.37. The business has a 50 day simple moving average of $20.07 and a 200 day simple moving average of $21.36.

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

F & M Bank Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 5.20%. The ex-dividend date of this dividend is Friday, February 14th. F & M Bank’s dividend payout ratio (DPR) is presently 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.