Farmers and Merchants Bancshares (OTCMKTS:FMFG) Trading Down 0.5%

Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG – Get Rating) shares fell 0.5% during mid-day trading on Thursday . The stock traded as low as $22.00 and last traded at $22.00. 400 shares were traded during trading, a decline of 77% from the average session volume of 1,750 shares. The stock had previously closed at $22.12.

The company has a 50 day moving average price of $22.42 and a 200-day moving average price of $23.33.

Farmers and Merchants Bancshares Company Profile (OTCMKTS:FMFG)

Farmers and Merchants Bancshares, Inc, through its subsidiary Farmers and Merchants Bank, provides commercial and retail banking services to individuals and businesses in Baltimore and Carroll counties in Maryland, and surrounding areas of northern Maryland. It offers checking, savings, money market, individual retirement, and sweep accounts, as well as certificates of deposit, remote check deposits, and repurchase agreements.

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