Freddie Mac (OTC:FMCC - Get Free Report) shares shot up 1.6% on Wednesday . The company traded as high as $8.25 and last traded at $8.14. 2,227,879 shares traded hands during trading, a decline of 55% from the average session volume of 4,993,956 shares. The stock had previously closed at $8.01.
Freddie Mac Price Performance
The stock has a market capitalization of $5.31 billion, a PE ratio of -408.50 and a beta of 2.02. The business's fifty day moving average price is $6.38 and its two-hundred day moving average price is $5.39.
Freddie Mac Company Profile
(
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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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