Freddie Mac (OTCMKTS:FMCC - Get Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $6.44 and traded as high as $8.17. Freddie Mac shares last traded at $8.09, with a volume of 2,325,342 shares trading hands.
Freddie Mac Stock Down 1.0%
The stock has a 50 day simple moving average of $6.44 and a two-hundred day simple moving average of $5.43. The stock has a market capitalization of $5.26 billion, a P/E ratio of -404.50 and a beta of 2.02.
Freddie Mac (OTCMKTS:FMCC - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported ($0.01) EPS for the quarter. The company had revenue of $5.85 billion during the quarter. Freddie Mac had a net margin of 9.53% and a negative return on equity of 41.19%.
Freddie Mac Company Profile
(
Get Free Report)
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
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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 Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.