F & M Bank (OTCMKTS:FMBM) Stock Passes Above 50 Day Moving Average of $16.26

F & M Bank Corp. (OTCMKTS:FMBM)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $16.26 and traded as high as $16.79. F & M Bank shares last traded at $15.61, with a volume of 14,878 shares.

F & M Bank Price Performance

The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.09. The company’s 50 day moving average is $16.26 and its 200-day moving average is $17.54. The stock has a market cap of $54.95 million, a PE ratio of 18.58 and a beta of 0.39.

F & M Bank (OTCMKTS:FMBM) last released its earnings results on Tuesday, April 30th. The financial services provider reported $0.35 EPS for the quarter. The company had revenue of $10.46 million during the quarter. F & M Bank had a return on equity of 5.07% and a net margin of 4.25%.

F & M Bank Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 30th. Shareholders of record on Wednesday, May 15th were paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 6.66%. The ex-dividend date was Tuesday, May 14th. F & M Bank’s payout ratio is currently 123.81%.

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.