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

F & M Bank Corp. (OTCMKTS:FMBM)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $20.18 and traded as high as $20.89. F & M Bank shares last traded at $20.89, with a volume of 1,150 shares changing hands.

F & M Bank Stock Down 0.2 %

The firm’s 50-day simple moving average is $20.18 and its 200-day simple moving average is $21.45. 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 capitalization of $73.66 million, a price-to-earnings ratio of 10.04 and a beta of 0.37.

F & M Bank (OTCMKTS:FMBM) last released 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 Dividend Announcement

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 issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 4.98%. The ex-dividend date of this dividend is Friday, February 14th. F & M Bank’s payout ratio is presently 50.00%.

F & M Bank Company Profile

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.