Farmers & Merchants Bancorp (OTCMKTS:FMCB) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Farmers & Merchants Bancorp (OTCMKTS:FMCB) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $978.87 and traded as low as $970.00. Farmers & Merchants Bancorp shares last traded at $970.00, with a volume of 25 shares changing hands.

Farmers & Merchants Bancorp Price Performance

The company has a market cap of $716.83 million and a PE ratio of 8.34. The stock has a 50-day moving average of $958.97 and a 200-day moving average of $978.84. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.02.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last posted its quarterly earnings data 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 company had revenue of $55.55 million for 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.