Fannie Mae (OTCMKTS:FNMA - Get Free Report)'s stock price traded down 3.8% on Monday . The company traded as low as $8.08 and last traded at $8.20. 1,073,036 shares changed hands 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 Stock Performance
The stock's 50 day moving average is $9.46 and its 200-day moving average is $8.38.
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.
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