First Farmers and Merchants (OTCMKTS:FFMH) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

First Farmers and Merchants Co. (OTCMKTS:FFMH)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $35.35 and traded as high as $37.00. First Farmers and Merchants shares last traded at $37.00, with a volume of 106 shares traded.

First Farmers and Merchants Price Performance

The stock’s 50-day moving average price is $35.35 and its 200-day moving average price is $34.62.

First Farmers and Merchants Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Investors of record on Thursday, January 2nd were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a $1.08 annualized dividend and a dividend yield of 2.92%.

First Farmers and Merchants Company Profile

First Farmers and Merchants Corporation operates as the bank holding company for First Farmers and Merchants Bank that provides various banking and financial services in Middle Tennessee and Northern Alabama. The company's deposit products include personal and business checking and savings, and individual retirement and investment accounts, as well as certificates of deposit.