F & M Bank (OTCMKTS:FMBM) Share Price Passes Below 200 Day Moving Average – What’s Next?

F & M Bank Corp. (OTCMKTS:FMBM)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $21.00 and traded as low as $18.75. F & M Bank shares last traded at $19.00, with a volume of 300 shares traded.

F & M Bank Price Performance

The stock has a market capitalization of $67.03 million, a P/E ratio of 9.13 and a beta of 0.35. 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 firm has a fifty day moving average price of $19.97 and a two-hundred day moving average price of $20.98.

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

F & M Bank Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 5.47%. The ex-dividend date of this dividend was Friday, February 14th. F & M Bank’s dividend payout ratio 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.