Farmers & Merchants Bancorp (OTCMKTS:FMCB) Reaches New 52-Week High – Should You Buy?

Farmers & Merchants Bancorp (OTCMKTS:FMCB)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $1,402.50 and last traded at $1,402.50, with a volume of 123 shares traded. The stock had previously closed at $1,310.00.

Farmers & Merchants Bancorp Stock Up 7.1%

The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.02. The company’s 50 day moving average price is $1,222.02 and its two-hundred day moving average price is $1,154.30. The firm has a market cap of $967.73 million, a PE ratio of 10.28 and a beta of 0.43.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last released its earnings results on Monday, April 20th. The bank reported $999.00 earnings per share for the quarter. Farmers & Merchants Bancorp had a net margin of 30.75% and a return on equity of 14.76%. The company had revenue of $62.06 million for the quarter.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp, Inc is a bank holding company that operates through its wholly owned subsidiary, Farmers & Merchants Bank of Central California. Headquartered in Hanford, California, the company provides a broad range of commercial and consumer banking services tailored to individuals, businesses and agricultural enterprises in the San Joaquin Valley region.

The company’s core offerings include deposit products such as checking accounts, savings accounts, money market accounts and certificates of deposit.