Federal Home Loan Mortgage (OTCMKTS:FMCC) Stock Price Breaks Below 200-Day Moving Average of $0.74

Federal Home Loan Mortgage Co. (OTCMKTS: FMCCGet a rating) shares fell below its 200-day moving average during Wednesday’s session. The stock has a two hundred day moving average of $0.74 and is trading as low as $0.44. Federal Home Loan Mortgage shares last traded at $0.47, with volume at 1,697,282 shares.

The stock’s fifty-day simple moving average is $0.60 and its 200-day simple moving average is $0.74. The stock has a market capitalization of $302.60 million, a PE ratio of 6.65 and a beta of 2.17.

Federal Mortgage Loan (OTCMKTS: FMCCGet a rating) last reported quarterly earnings data on Thursday, April 28. The company reported earnings per share (EPS) of $0.04 for the quarter. Federal Home Loan Mortgage had a negative return on equity of 21.94% and a net margin of 17.69%. The company posted revenue of $5.85 billion for the quarter.

About the Federal Mortgage (OTCMKTS: FMCC)

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.

Further reading

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.