Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG – Get Free Report)’s stock price shot up 9.7% on Friday . The stock traded as high as $19.20 and last traded at $19.20. 3,350 shares traded hands during trading, an increase of 443% from the average session volume of 617 shares. The stock had previously closed at $17.50.
Farmers and Merchants Bancshares Stock Up 9.7%
The firm has a fifty day moving average price of $17.03 and a 200 day moving average price of $16.67.
About Farmers and Merchants Bancshares
Farmers and Merchants Bancshares is the bank holding company for Farmers and Merchants Bank, a community-focused institution based in Lyons, Kansas. Through its banking subsidiary, the company provides a full range of deposit and lending products designed to meet the needs of individuals, families and small businesses. Core offerings include checking and savings accounts, certificates of deposit and consumer loan products such as auto and home mortgages.
In addition to traditional banking services, Farmers and Merchants Bancshares offers commercial and agricultural lending to support local enterprises and farming operations throughout its service area.
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