F & M Bank (OTCMKTS:FMBM) Stock Price Crosses Above 50-Day Moving Average of $21.08

F & M Bank Corp. (OTCMKTS:FMBM)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $21.08 and traded as high as $23.47. F & M Bank shares last traded at $23.47, with a volume of 560 shares.

F & M Bank Stock Down 0.0 %

The company has a market cap of $82.59 million, a P/E ratio of 27.94 and a beta of 0.39. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.73 and a quick ratio of 0.73. The stock has a fifty day moving average price of $21.08 and a two-hundred day moving average price of $18.08.

F & M Bank (OTCMKTS:FMBM) last issued its quarterly earnings data on Monday, July 29th. The financial services provider reported $0.86 earnings per share for the quarter. F & M Bank had a return on equity of 7.49% and a net margin of 8.00%. The business had revenue of $11.19 million for the quarter.

F & M Bank Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th. Shareholders of record on Wednesday, August 14th were given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 4.43%. The ex-dividend date was Wednesday, August 14th. F & M Bank’s payout ratio is 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.