Farmers & Merchants Bancorp (OTCMKTS:FMCB) Trading Down 6.4% – What’s Next?

Farmers & Merchants Bancorp (OTCMKTS:FMCB)’s stock price dropped 6.4% during trading on Thursday . The company traded as low as $1,310.00 and last traded at $1,310.00. Approximately 37 shares were traded during trading, a decline of 81% from the average daily volume of 192 shares. The stock had previously closed at $1,398.99.

Farmers & Merchants Bancorp Stock Performance

The business’s fifty day simple moving average is $1,227.44 and its 200 day simple moving average is $1,157.05. 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 stock has a market cap of $965.30 million, a P/E ratio of 10.25 and a beta of 0.43.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last issued its quarterly earnings data on Monday, April 20th. The bank reported $999.00 EPS for the quarter. Farmers & Merchants Bancorp had a net margin of 30.75% and a return on equity of 14.76%. The firm 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.