F & M Bank (OTCMKTS:FMBM) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

F & M Bank Corp. (OTCMKTS:FMBM) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $20.06 and traded as high as $20.98. F & M Bank shares last traded at $20.98, with a volume of 5,305 shares.

F & M Bank Stock Up 4.0 %

The business has a 50-day simple moving average of $20.06 and a 200-day simple moving average of $21.19. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.72 and a current ratio of 0.72. The company has a market cap of $73.85 million, a price-to-earnings ratio of 10.09 and a beta of 0.37.

F & M Bank (OTCMKTS:FMBM) last issued its earnings results on Thursday, January 30th. The financial services provider reported $0.64 earnings per share for the quarter. F & M Bank had a net margin of 9.68% and a return on equity of 8.77%.

F & M Bank Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a dividend of $0.26 per share. The ex-dividend date is Friday, February 14th. This represents a $1.04 annualized dividend and a dividend yield of 4.96%. F & M Bank’s dividend payout ratio (DPR) is currently 50.00%.

About F & M Bank

F & M Bank Corp. operates as the bank holding company for Farmers & Merchants Bank that provides financial products and services to consumers and businesses in Virginia. The company offers commercial and individual demand and time deposit accounts, savings accounts, money market accounts, internet and mobile banking services, and drive-in banking services.