Freddie Mac (OTCMKTS:FMCC) Sets New 1-Year High - Still a Buy?

Key Points

• Freddie Mac's stock reached a new 52-week high of $9.25 during trading, closing at $9.18 with a trading volume of over 4 million shares.
• The company reported a loss of ($0.01) earnings per share for the last quarter, with revenue of $5.92 billion and a net margin of 9.04%.
• Freddie Mac has a market capitalization of $5.90 billion, with a P/E ratio of -302.33 and a beta of 2.06, indicating significant volatility.

Freddie Mac (OTCMKTS:FMCC - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $9.25 and last traded at $9.18, with a volume of 4172492 shares. The stock had previously closed at $7.98.

Freddie Mac Trading Up 0.4%

The stock has a market capitalization of $5.81 billion, a PE ratio of -298.00 and a beta of 2.06. The firm's fifty day moving average price is $7.64 and its two-hundred day moving average price is $6.36.

Freddie Mac (OTCMKTS:FMCC - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported ($0.01) earnings per share (EPS) for the quarter. Freddie Mac had a net margin of 9.04% and a negative return on equity of 44.33%. The company had revenue of $5.92 billion during the quarter.

Freddie Mac Company Profile

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.