Farmers & Merchants Bancorp (OTCMKTS:FMCB) Trading 6.6% Higher – Time to Buy?

Shares of Farmers & Merchants Bancorp (OTCMKTS:FMCB) shot up 6.6% during trading on Wednesday . The company traded as high as $1,398.9899 and last traded at $1,398.9899. 11 shares were traded during mid-day trading, a decline of 94% from the average session volume of 188 shares. The stock had previously closed at $1,312.00.

Farmers & Merchants Bancorp Price Performance

The business’s 50 day moving average price is $1,241.67 and its 200 day moving average price is $1,164.23. The stock has a market capitalization of $903.91 million, a P/E ratio of 9.60 and a beta of 0.45. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.76 and a quick ratio of 0.76.

Farmers & Merchants Bancorp (OTCMKTS:FMCB) last announced its quarterly earnings results on Monday, April 20th. The bank reported $999.00 EPS for the quarter. The firm had revenue of $62.06 million during the quarter. Farmers & Merchants Bancorp had a net margin of 30.75% and a return on equity of 14.76%.

Farmers & Merchants Bancorp Company Profile

Farmers & Merchants Bancorp, Inc is a bank holding company that operates through its wholly owned subsidiary, Farmers & Merchants Bank of Central California. Headquartered in Hanford, California, the company provides a broad range of commercial and consumer banking services tailored to individuals, businesses and agricultural enterprises in the San Joaquin Valley region.

The company’s core offerings include deposit products such as checking accounts, savings accounts, money market accounts and certificates of deposit.