Federal Home Loan Mortgage (OTCMKTS:FMCC) stock crosses above the 50-day moving average of $0.56

Federal Home Loan Mortgage Co. (OTCMKTS: FMCCGet a rating) the stock rose above its fifty-day moving average during Monday’s trading. The stock has a fifty-day moving average of $0.56 and is trading as low as $0.64. Federal Home Loan Mortgage shares last traded at $0.63, with volume at 826,259 shares.

Federal mortgage price performance

The company’s fifty-day simple moving average is $0.56 and its two-hundred-day simple moving average is $0.71. The stock has a market capitalization of $407.59 million, a price-earnings ratio of 8.96 and a beta of 2.24.

About the Federal Mortgage

(Get a rating)

Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. The Company purchases single-family and multi-family residential mortgages issued by lenders, and invests in mortgages and mortgage-related securities. It operates through two segments, single-family and multi-family.

Read more

Get news and reviews for Federal Home Loan Mortgage Daily – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings for Federal Home Loan Mortgage and related companies with MarketBeat.com’s FREE daily newsletter.

Comments are closed.