Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Farmers & Merchants Bancorp (OTCMKTS:FMCB) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $1,322.80 and traded as low as $1,311.00. Farmers & Merchants Bancorp shares last traded at $1,321.70, with a volume of 34 shares traded.

Farmers & Merchants Bancorp Stock Performance

The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.02. The firm has a 50 day moving average price of $1,322.80 and a 200 day moving average price of $1,214.80. The stock has a market cap of $911.97 million, a PE ratio of 9.68 and a beta of 0.48.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last issued its earnings results on Monday, April 20th. The bank reported $35.34 earnings per share (EPS) 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.

Farmers & Merchants Bancorp Company Profile

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.