Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG – Get Free Report) shares dropped 1.2% on Thursday . The stock traded as low as $14.76 and last traded at $14.76. Approximately 100 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 1,684 shares. The stock had previously closed at $14.94.
Farmers and Merchants Bancshares Price Performance
The firm’s 50-day moving average is $15.68 and its two-hundred day moving average is $15.47.
About Farmers and Merchants Bancshares
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.
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