F & M Bank (OTCMKTS:FMBM) Stock Price Passes Above 50 Day Moving Average of $19.28

F & M Bank Corp. (OTCMKTS:FMBM)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $19.28 and traded as high as $22.67. F & M Bank shares last traded at $22.64, with a volume of 6,530 shares trading hands.

F & M Bank Stock Performance

The company has a market capitalization of $79.88 million, a price-to-earnings ratio of 27.02 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 50 day simple moving average of $19.41 and a two-hundred day simple moving average of $17.63.

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

F & M Bank Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th. Stockholders of record on Wednesday, August 14th were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $1.04 annualized dividend and a dividend yield of 4.58%. F & M Bank’s dividend payout ratio is presently 123.81%.

F & M Bank Company Profile

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.