Farmers and Merchants Bancshares (OTCMKTS:FMFG) Shares Down 0.5%

Farmers and Merchants Bancshares, Inc. (OTCMKTS:FMFG – Get Rating) dropped 0.5% during trading on Thursday . The company traded as low as $22.00 and last traded at $22.00. Approximately 400 shares traded hands during trading, a decline of 77% from the average daily volume of 1,750 shares. The stock had previously closed at $22.12.

The firm’s fifty day moving average is $22.43 and its 200-day moving average is $23.34.

About Farmers and Merchants Bancshares (OTCMKTS:FMFG)

Farmers and Merchants Bancshares, Inc, through its subsidiary Farmers and Merchants Bank, 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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