Fannie Mae (OTCMKTS:FNMA - Get Free Report)'s share price fell 3.8% on Monday . The stock traded as low as $8.08 and last traded at $8.20. 1,073,036 shares were traded during trading, a decline of 91% from the average session volume of 11,559,102 shares. The stock had previously closed at $8.52.
Fannie Mae Price Performance
The stock has a 50-day simple moving average of $9.42 and a 200 day simple moving average of $8.42.
About Fannie Mae
(
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Federal National Mortgage Association provides financing solutions for mortgages in the United States. It operates through two segments, Single-Family and Multifamily. The Single-Family segment securitizes and purchases single-family fixed-rate or adjustable-rate, first-lien mortgage loans, or mortgage-related securities backed by these loans; and loans that are insured by Federal Housing Administration, loans guaranteed by the Department of Veterans Affairs and Rural Development Housing and Community Facilities Program of the U.S.
Further Reading
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