Farmers & Merchants Bancorp (OTCMKTS:FMCB) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Farmers & Merchants Bancorp (OTCMKTS:FMCB)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $978.87 and traded as low as $970.00. Farmers & Merchants Bancorp shares last traded at $970.00, with a volume of 25 shares changing hands.

Farmers & Merchants Bancorp Stock Performance

The firm’s fifty day moving average price is $958.97 and its 200-day moving average price is $978.87. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.02. The firm has a market cap of $716.83 million and a price-to-earnings ratio of 8.34.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last issued its earnings results on Wednesday, July 17th. The bank reported $29.39 earnings per share (EPS) for the quarter. The business had revenue of $55.55 million during the quarter. Farmers & Merchants Bancorp had a net margin of 30.81% and a return on equity of 15.83%.

About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp operates as the bank holding company for Farmers & Merchants Bank of Central California that provides various banking services to businesses and individuals. The company accepts various deposit products, including checking, savings, money market, time certificates of deposit, and individual retirement accounts.