Farmers and Merchants Bancshares (OTCMKTS:FMFG) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFGGet Free Report) shares crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $16.43 and traded as low as $15.30. Farmers and Merchants Bancshares shares last traded at $15.30, with a volume of 542 shares trading hands.

Farmers and Merchants Bancshares Trading Down 4.4 %

The stock’s fifty day moving average is $16.43 and its 200-day moving average is $16.31.

About Farmers and Merchants Bancshares

(Get Free Report)

Farmers and Merchants Bancshares, Inc operates as the bank holding company for Farmers and Merchants Bank that provides commercial and retail banking services to individuals and businesses in Baltimore and Carroll counties in Maryland and surrounding areas of northern Maryland. It offers checking, savings, money market, individual retirement, and sweep accounts, as well as certificates of deposit, remote check deposits, and repurchase agreements.

Featured Stories

Receive News & Ratings for Farmers and Merchants Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Farmers and Merchants Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.