F & M Bank (OTCMKTS:FMBM) Shares Pass Above 50-Day Moving Average – Time to Sell?

F & M Bank Corp. (OTCMKTS:FMBM)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $20.07 and traded as high as $20.99. F & M Bank shares last traded at $20.00, with a volume of 2,643 shares trading hands.

F & M Bank Price Performance

The company has a 50 day moving average of $20.07 and a two-hundred day moving average of $21.34. The firm has a market cap of $70.40 million, a P/E ratio of 9.62 and a beta of 0.37. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.08.

F & M Bank (OTCMKTS:FMBM) last posted its quarterly earnings data 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 business 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 dividend on an annualized basis and a dividend yield of 5.20%. F & M Bank’s dividend payout ratio (DPR) is presently 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.