M&F Bancorp (OTCMKTS:MFBP) Stock Price Passes Above 200 Day Moving Average – What’s Next?

M&F Bancorp Inc. (OTCMKTS:MFBPGet Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $25.88 and traded as high as $47.80. M&F Bancorp shares last traded at $47.80, with a volume of 1,924 shares.

M&F Bancorp Stock Performance

The stock has a fifty day simple moving average of $31.21 and a 200-day simple moving average of $25.88. The stock has a market cap of $92.73 million, a P/E ratio of 36.77 and a beta of -0.54.

M&F Bancorp (OTCMKTS:MFBPGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The financial services provider reported $0.24 EPS for the quarter. The firm had revenue of $5.74 million during the quarter.

About M&F Bancorp

(Get Free Report)

M&F Bancorp, Inc is the bank holding company for M&F Bank, a community bank headquartered in Martinsville, Virginia. Through its subsidiary, the company offers a comprehensive suite of commercial and retail banking products and services designed to meet the needs of individuals, small- and medium-sized businesses, and municipal entities. Core offerings include checking and savings accounts, money market and time deposit products, consumer and mortgage loans, and commercial lending solutions.

Operating primarily in southwestern Virginia and northern North Carolina, M&F Bank maintains a network of full-service branches complemented by digital banking channels.

Further Reading

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