Freddie Mac (OTCMKTS:FMCC) Stock Price Down 6.4% - Should You Sell?

Freddie Mac (OTCMKTS:FMCC - Get Free Report) traded down 6.4% during mid-day trading on Tuesday . The stock traded as low as $6.31 and last traded at $6.32. 2,855,032 shares were traded during trading, a decline of 36% from the average session volume of 4,451,216 shares. The stock had previously closed at $6.75.

Freddie Mac Trading Down 4.4%

The company has a market capitalization of $4.19 billion, a PE ratio of -322.50 and a beta of 2.00. The business's 50-day simple moving average is $7.52 and its two-hundred day simple moving average is $6.14.

Freddie Mac (OTCMKTS:FMCC - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported ($0.01) earnings per share for the quarter. Freddie Mac had a negative return on equity of 41.19% and a net margin of 9.53%. The business had revenue of $5.85 billion for the quarter.

About Freddie Mac

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.