F & M Bank (OTCMKTS:FMBM) Share Price Passes Below Fifty Day Moving Average – Here’s Why

F & M Bank Corp. (OTCMKTS:FMBM)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $20.53 and traded as low as $19.35. F & M Bank shares last traded at $19.60, with a volume of 450 shares changing hands.

F & M Bank Price Performance

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 $69.11 million, a price-to-earnings ratio of 12.48 and a beta of 0.37. The company has a 50-day moving average price of $20.48 and a 200-day moving average price of $20.74.

F & M Bank (OTCMKTS:FMBM) last posted its earnings results on Friday, November 8th. The financial services provider reported $0.23 earnings per share for the quarter. The company had revenue of $11.24 million for the quarter. F & M Bank had a net margin of 7.48% and a return on equity of 6.69%.

F & M Bank Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 14th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 5.31%. The ex-dividend date of this dividend was Thursday, November 14th. F & M Bank’s dividend payout ratio (DPR) is presently 66.24%.

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.