Federal Home Loan Mortgage Co. (OTCMKTS:FMCC - Get Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $5.16 and traded as high as $5.47. Federal Home Loan Mortgage shares last traded at $5.38, with a volume of 1,077,539 shares trading hands.
Wall Street Analyst Weigh In
Separately, Keefe, Bruyette & Woods downgraded shares of Federal Home Loan Mortgage from a "market perform" rating to an "underperform" rating and boosted their price objective for the stock from $4.00 to $4.50 in a research report on Monday, January 27th.
Read Our Latest Report on FMCC
Federal Home Loan Mortgage Trading Down 0.7 %
The company has a fifty day moving average price of $5.16 and a two-hundred day moving average price of $4.34. The firm has a market capitalization of $3.50 billion, a PE ratio of -89.65 and a beta of 1.92.
Federal Home Loan Mortgage (OTCMKTS:FMCC - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported ($0.01) earnings per share for the quarter. Federal Home Loan Mortgage had a net margin of 9.74% and a negative return on equity of 33.18%. The firm had revenue of $5.85 billion during the quarter.
Federal Home Loan Mortgage Company Profile
(
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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.
Further Reading
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