Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Farmers & Merchants Bancorp Inc before investing.

In this article, we go over a few key elements for understanding Farmers & Merchants Bancorp Inc’s stock price such as:

• Farmers & Merchants Bancorp Inc’s current stock price and volume
• Why Farmers & Merchants Bancorp Inc’s stock price changed recently
• Upgrades and downgrades for FMAO from analysts
• FMAO’s stock price momentum as measured by its relative strength

About Farmers & Merchants Bancorp Inc (FMAO)

Before we jump into Farmers & Merchants Bancorp Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Farmers & Merchants Bancorp, Inc. is a bank holding company. The Company's primary subsidiary, The Farmers & Merchants State Bank (Bank) is a local independent community bank that is primarily serves Northwest Ohio and Northeast Indiana. The Bank is engaged in the general commercial banking business. Its activities include commercial, agricultural, and residential mortgage as well as consumer lending activities. The Bank also provides checking account services, as well as savings and time deposit services such as certificates of deposits. Its loan portfolio is comprised of loans made to customers in the farming industry for such things as farmland, farm equipment, livestock and operating loans for seed, fertilizer, and feed. The Bank provides on-line banking access for consumer and business customers. In addition, it also provides automated teller machines (ATMs) or interactive teller machines (ITMs) at the branch locations along with other independent locations in the market area.

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Farmers & Merchants Bancorp Inc’s Stock Price as of Market Close

As of June 26, 2024, 4:00 PM, CST, Farmers & Merchants Bancorp Inc’s stock price was $22.53.

Farmers & Merchants Bancorp Inc is up 4.89% from its previous closing price of $21.48.

During the last market session, Farmers & Merchants Bancorp Inc’s stock traded between $21.34 and $22.64. Currently, there are 13.67 million shares of Farmers & Merchants Bancorp Inc stock available for purchase.

Farmers & Merchants Bancorp Inc’s price-earnings (P/E) ratio is currently at 13.6, which is high compared to the Banks industry median of 10. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Farmers & Merchants Bancorp Inc Stock Price History

Farmers & Merchants Bancorp Inc’s (FMAO) price is currently up 2.13% so far this month.

During the month of June, Farmers & Merchants Bancorp Inc’s stock price has reached a high of $24.98 and a low of $19.95.

Over the last year, Farmers & Merchants Bancorp Inc has hit prices as high as $27.78 and as low as $16.90. Year to date, Farmers & Merchants Bancorp Inc’s stock is down 17.11%.

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What Caused Farmers & Merchants Bancorp Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of June 25, 2024,, no analysts have changed their rating of Farmers & Merchants Bancorp Inc’s stock over the last month.

Additionally, you'll want to evaluate Farmers & Merchants Bancorp Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Farmers & Merchants Bancorp Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Farmers & Merchants Bancorp Inc’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Farmers & Merchants Bancorp Inc (FMAO) by visiting AAII Stock Evaluator.

Relative Price Strength of Farmers & Merchants Bancorp Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of June 25, 2024, Farmers & Merchants Bancorp Inc has a weighted four-quarter relative price strength of -5.57%, which translates to a Momentum Score of 51 and is considered to be Average.

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Farmers & Merchants Bancorp Inc Stock Price: Bottom Line

As of June 26, 2024, Farmers & Merchants Bancorp Inc’s stock price is $22.53, which is up 4.89% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Farmers & Merchants Bancorp Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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