Shares of Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG – Get Free Report) dropped 1.2% during mid-day trading on Thursday . The company traded as low as $14.76 and last traded at $14.76. Approximately 100 shares changed hands 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 Stock Performance
The company has a fifty day moving average of $15.62 and a 200-day moving average of $15.46.
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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