Farmers & Merchants Bancorp (OTCMKTS:FMCB) Hits New 12-Month High – Here’s Why

Farmers & Merchants Bancorp (OTCMKTS:FMCBGet Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $1,145.00 and last traded at $1,130.00, with a volume of 2043 shares changing hands. The stock had previously closed at $1,140.00.

Farmers & Merchants Bancorp Stock Up 2.7%

The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.02. The business’s fifty day moving average price is $1,105.84 and its 200 day moving average price is $1,054.38. The company has a market capitalization of $802.70 million, a P/E ratio of 8.79 and a beta of 0.19.

Farmers & Merchants Bancorp Company Profile

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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.

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