F & M Bank (OTCMKTS:FMBM) Shares Break Above 50 Day Moving Average – What’s Next?

Shares of F & M Bank Corp. (OTCMKTS:FMBM – Get Free Report) passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $40.33 and traded as high as $40.80. F & M Bank shares last traded at $40.80, with a volume of 1,040 shares trading hands.

F & M Bank Price Performance

The company’s 50-day moving average is $40.35 and its two-hundred day moving average is $37.23. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.78 and a quick ratio of 0.78. The firm has a market cap of $146.90 million, a P/E ratio of 10.13 and a beta of 0.30.

F & M Bank (OTCMKTS:FMBM – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.50 earnings per share (EPS) for the quarter. F & M Bank had a net margin of 17.24% and a return on equity of 13.56%. The firm had revenue of $17.19 million for the quarter.

About F & M Bank

(Get Free Report)

F&M Bank, the principal banking subsidiary of F&M Bank Corp. (OTCMKTS:FMBM), is a community bank headquartered in Timberville, Virginia. The bank serves individuals, families, farmers and businesses primarily in Virginia’s Shenandoah Valley and surrounding communities.

The bank provides a range of traditional financial services, including checking and savings accounts, certificates of deposit, consumer and residential mortgage loans, commercial lending, agricultural financing and other business banking services.

Further Reading

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