Farmers & Merchants Bancorp (NASDAQ:FMAO) Stock Passes Below 200-Day Moving Average – Should You Sell?

Shares of Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $28.00 and traded as low as $23.15. Farmers & Merchants Bancorp shares last traded at $23.76, with a volume of 19,007 shares changing hands.

Farmers & Merchants Bancorp Stock Performance

The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.78. The company has a market cap of $333.18 million, a P/E ratio of 12.80 and a beta of 0.67. The company has a 50 day moving average price of $25.82 and a 200-day moving average price of $27.97.

Farmers & Merchants Bancorp (NASDAQ:FMAO) last released its earnings results on Wednesday, February 12th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.13. Farmers & Merchants Bancorp had a return on equity of 7.97% and a net margin of 14.48%. On average, equities analysts expect that Farmers & Merchants Bancorp, Inc. will post 1.82 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Larson Financial Group LLC bought a new stake in Farmers & Merchants Bancorp during the 3rd quarter worth $55,000. Tower Research Capital LLC TRC boosted its stake in shares of Farmers & Merchants Bancorp by 678.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,000 shares of the financial services provider’s stock valued at $59,000 after purchasing an additional 1,743 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Farmers & Merchants Bancorp by 19.1% during the fourth quarter. SG Americas Securities LLC now owns 5,281 shares of the financial services provider’s stock valued at $156,000 after purchasing an additional 846 shares in the last quarter. Squarepoint Ops LLC bought a new stake in shares of Farmers & Merchants Bancorp during the fourth quarter worth about $225,000. Finally, Stifel Financial Corp acquired a new position in shares of Farmers & Merchants Bancorp in the fourth quarter valued at approximately $311,000. 23.96% of the stock is currently owned by institutional investors and hedge funds.

Farmers & Merchants Bancorp Company Profile

Farmers & Merchants Bancorp, Inc is a bank holding company, which engages in the provision of commercial banking, retail banking, and financial services. It includes commercial, agricultural, and residential mortgages as well as consumer and credit card lending activities. The firm also offers checking account services, and savings and time deposit services.