M&F Bancorp (OTCMKTS:MFBP) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

Shares of M&F Bancorp Inc. (OTCMKTS:MFBP) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $27.38 and traded as high as $30.5026. M&F Bancorp shares last traded at $30.5026, with a volume of 100 shares trading hands.

M&F Bancorp Stock Up 1.7%

The stock has a market capitalization of $59.18 million, a PE ratio of 23.46 and a beta of -0.54. The firm has a 50 day moving average price of $27.38 and a 200 day moving average price of $23.82.

M&F Bancorp (OTCMKTS:MFBP) last announced its earnings results on Tuesday, May 5th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter. The company had revenue of $5.74 million for the quarter.

About M&F Bancorp

M&F Bancorp, Inc is the bank holding company for M&F Bank, a community bank headquartered in Martinsville, Virginia. Through its subsidiary, the company offers a comprehensive suite of commercial and retail banking products and services designed to meet the needs of individuals, small- and medium-sized businesses, and municipal entities. Core offerings include checking and savings accounts, money market and time deposit products, consumer and mortgage loans, and commercial lending solutions.

Operating primarily in southwestern Virginia and northern North Carolina, M&F Bank maintains a network of full-service branches complemented by digital banking channels.