Fannie Mae (OTCMKTS:FNMA - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $9.23 and traded as high as $11.66. Fannie Mae shares last traded at $11.49, with a volume of 24,210,469 shares traded.
Fannie Mae Price Performance
The stock's 50-day moving average price is $9.33 and its 200-day moving average price is $8.77.
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.
Further Reading
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