Freddie Mac (OTCMKTS:FMCC - Get Free Report) shares 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 changing hands.
Freddie Mac Trading Down 2.3%
The stock has a fifty day simple moving average of $7.21 and a two-hundred day simple moving average of $5.95. The company has a market cap of $4.77 billion, a PE ratio of -367.00 and a beta of 2.00.
Freddie Mac (OTCMKTS:FMCC - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported ($0.01) earnings per share (EPS) for the quarter. Freddie Mac had a net margin of 9.53% and a negative return on equity of 41.19%. The company had revenue of $5.85 billion for the quarter.
Freddie Mac Company Profile
(
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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.
Further Reading
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