Farmers & Merchants Bancorp (OTCMKTS:FMCB) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Farmers & Merchants Bancorp (OTCMKTS:FMCB)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $978.45 and traded as low as $967.35. Farmers & Merchants Bancorp shares last traded at $967.35, with a volume of 25 shares traded.

Farmers & Merchants Bancorp Trading Down 0.0 %

The company has a debt-to-equity ratio of 0.02, a current ratio of 0.84 and a quick ratio of 0.84. The stock’s 50-day moving average is $960.18 and its two-hundred day moving average is $978.45. The stock has a market cap of $714.87 million and a P/E ratio of 8.31.

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

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.