Farmers and Merchants Bancshares (OTCMKTS:FMFG) Shares Up 3.9% – What’s Next?

Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFGGet Free Report)’s stock price shot up 3.9% on Tuesday . The company traded as high as $19.00 and last traded at $19.00. Approximately 100 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 997 shares. The stock had previously closed at $18.2883.

Farmers and Merchants Bancshares Stock Performance

The firm has a 50 day simple moving average of $17.57 and a 200-day simple moving average of $17.79.

About Farmers and Merchants Bancshares

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Farmers and Merchants Bancshares is the bank holding company for Farmers and Merchants Bank, a community-focused institution based in Lyons, Kansas. Through its banking subsidiary, the company provides a full range of deposit and lending products designed to meet the needs of individuals, families and small businesses. Core offerings include checking and savings accounts, certificates of deposit and consumer loan products such as auto and home mortgages.

In addition to traditional banking services, Farmers and Merchants Bancshares offers commercial and agricultural lending to support local enterprises and farming operations throughout its service area.

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