M&F Bancorp (OTCMKTS:MFBP) Shares Up 2.2%

M&F Bancorp, Inc. (OTCMKTS:MFBP)’s share price shot up 2.2% during mid-day trading on Tuesday . The company traded as high as $2.75 and last traded at $2.75, 1,406 shares were traded during mid-day trading. A decline of 16% from the average session volume of 1,683 shares. The stock had previously closed at $2.69.

The stock’s 50-day moving average price is $2.62 and its 200-day moving average price is $2.51.

M&F Bancorp Company Profile (OTCMKTS:MFBP)

M&F Bancorp, Inc operates as a holding company for Mechanics and Farmers Bank. The company operates through its wholly-owned subsidiary, Mechanics and Farmers Bank. It offers banking services which includes checking accounts; savings accounts; Negotiable Order of Withdrawal accounts; money market accounts; certificates of deposit; individual retirement accounts; loans for real estate, construction, businesses, personal use, home improvement and automobiles; equity lines of credit; credit lines; consumer loans; credit cards; safe deposit boxes; bank money orders; internet banking; electronic funds transfer services including wire transfers; traveler’s checks; and notary services.

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