Freddie Mac (OTCMKTS:FMCC - Get Free Report) was down 6.4% during trading on Tuesday . The company traded as low as $6.31 and last traded at $6.32. Approximately 2,855,032 shares traded hands during mid-day trading, a decline of 36% from the average daily volume of 4,451,216 shares. The stock had previously closed at $6.75.
Freddie Mac Trading Down 6.4%
The firm has a fifty day simple moving average of $7.44 and a two-hundred day simple moving average of $6.11. The stock has a market cap of $4.11 billion, a PE ratio of -315.90 and a beta of 2.00.
Freddie Mac (OTCMKTS:FMCC - Get Free Report) last announced its quarterly earnings results 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 negative return on equity of 41.19% and a net margin of 9.53%.
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.
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