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Freddie Mac (OTC:FMCC) Reaches New 52-Week High - Should You Buy?

Freddie Mac logo with Finance background

Freddie Mac (OTC:FMCC - Get Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $8.90 and last traded at $8.00, with a volume of 13037677 shares traded. The stock had previously closed at $7.60.

Freddie Mac Price Performance

The company has a market cap of $5.18 billion, a PE ratio of -398.50 and a beta of 1.92. The business has a 50 day simple moving average of $5.62.

Freddie Mac Company Profile

(Get Free Report)

Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. The company purchases single-family and multifamily residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates through two segments, Single-family and Multifamily.

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