Federal Home Loan Mortgage Co. (OTCMKTS:FMCC - Get Free Report) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $5.23 and traded as high as $5.50. Federal Home Loan Mortgage shares last traded at $5.50, with a volume of 765,776 shares.
Wall Street Analyst Weigh In
Separately, Keefe, Bruyette & Woods downgraded Federal Home Loan Mortgage from a "market perform" rating to an "underperform" rating and raised their price objective for the stock from $4.00 to $4.50 in a report on Monday, January 27th.
Read Our Latest Stock Report on FMCC
Federal Home Loan Mortgage Trading Down 3.6%
The stock has a market cap of $5.04 billion, a price-to-earnings ratio of -129.31 and a beta of 1.92. The stock has a 50-day moving average price of $5.39 and a two-hundred day moving average price of $4.71.
Federal Home Loan Mortgage (OTCMKTS:FMCC - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported ($0.01) EPS for the quarter. Federal Home Loan Mortgage had a negative return on equity of 33.18% and a net margin of 9.74%. The firm had revenue of $5.85 billion for the quarter.
About Federal Home Loan Mortgage
(
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Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. It operates through two segments, Single-Family and Multifamily. The Single-Family segment purchases, securitizes, and guarantees single-family loans; and manages single-family mortgage credit and market risk, as well as manages mortgage-related investments portfolio, single-family securitization activities, and treasury functions.
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