Freddie Mac (OTCMKTS:FMCC - Get Free Report)'s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $7.12 and traded as high as $7.70. Freddie Mac shares last traded at $7.49, with a volume of 1,934,218 shares trading hands.
Freddie Mac Price Performance
The stock has a market capitalization of $4.77 billion, a price-to-earnings ratio of -367.00 and a beta of 2.00. The business's 50-day simple moving average is $7.16 and its two-hundred day simple moving average is $5.87.
Freddie Mac (OTCMKTS:FMCC - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported ($0.01) EPS for the quarter. Freddie Mac had a negative return on equity of 41.19% and a net margin of 9.53%. The firm had revenue of $5.85 billion for the quarter.
About Freddie Mac
(
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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.
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