Fannie Mae (OTCMKTS:FNMA - Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $8.02, but opened at $9.14. Fannie Mae shares last traded at $8.56, with a volume of 3,027,697 shares trading hands.
Fannie Mae Trading Up 10.2%
The business has a fifty day moving average of $9.30 and a 200-day moving average of $8.48.
Fannie Mae Company Profile
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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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