Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) Sees Unusually-High Trading Volume – Should You Buy?

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) saw strong trading volume on Tuesday . 75 shares changed hands during trading, a decline of 29% from the previous session’s volume of 105 shares.The stock last traded at $9,250.00 and had previously closed at $9,164.96.

Farmers & Merchants Bank of Long Beach Price Performance

The stock’s 50 day moving average price is $8,743.39 and its 200-day moving average price is $8,490.52. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $1.13 billion, a PE ratio of 13.23 and a beta of 0.24.

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) last posted its quarterly earnings results on Tuesday, July 14th. The company reported $256.32 EPS for the quarter. Farmers & Merchants Bank of Long Beach had a net margin of 19.76% and a return on equity of 6.73%. The company had revenue of $98.99 million for the quarter.

Farmers & Merchants Bank of Long Beach Company Profile

Farmers & Merchants Bank of Long Beach (OTCMKTS:FMBL) is a community bank founded in 1907 and headquartered in Long Beach, California. As a wholly owned subsidiary of FMB Bancorp, the bank serves individuals, families and local businesses with a focus on personalized relationship banking. Its long history reflects a commitment to supporting the economic growth and development of the communities it serves.

The bank’s primary business activities include a broad range of commercial and retail banking services.