Shares of Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG – Get Free Report) fell 0.1% during trading on Wednesday. The company traded as low as $18.99 and last traded at $18.99. 100 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 1,162 shares. The stock had previously closed at $19.00.
Farmers and Merchants Bancshares Stock Performance
The company has a fifty day moving average price of $18.74 and a 200 day moving average price of $18.33.
About Farmers and Merchants Bancshares
Farmers and Merchants Bancshares, Inc is a Maryland-based bank holding company for Farmers and Merchants Bank. The company operates as a community banking organization, serving individuals, families, farmers, and businesses through traditional banking products and services.
Farmers and Merchants Bank provides deposit accounts, consumer and commercial lending, residential real estate loans, mortgage services, and business banking solutions. Its offerings also include cash-management services, online and mobile banking, and other financial services designed to support personal and commercial customers.
The bank has a long history of serving communities in Maryland, with operations focused primarily on the Baltimore metropolitan area and surrounding counties.
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