Shares of Freddie Mac (OTC:FMCC - Get Free Report) shot up 0.4% during mid-day trading on Thursday . The stock traded as high as $5.50 and last traded at $5.43. 727,623 shares were traded during trading, a decline of 85% from the average session volume of 4,846,503 shares. The stock had previously closed at $5.41.
Freddie Mac Trading Up 6.0%
The business's 50-day simple moving average is $5.26. The firm has a market cap of $3.79 billion, a P/E ratio of -291.50 and a beta of 1.92.
About Freddie Mac
(
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.
Read More
Before you consider Freddie Mac, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Freddie Mac wasn't on the list.
While Freddie Mac currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
