Freddie Mac (OTCMKTS:FMCC - Get Free Report)'s stock price gapped down prior to trading on Friday . The stock had previously closed at $7.51, but opened at $7.10. Freddie Mac shares last traded at $7.23, with a volume of 561,437 shares traded.
Freddie Mac Trading Up 4.2%
The stock has a 50 day simple moving average of $7.21 and a 200-day simple moving average of $5.95. The firm has a market capitalization of $4.97 billion, a P/E ratio of -382.50 and a beta of 2.00.
Freddie Mac (OTCMKTS:FMCC - Get Free Report) last announced its 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 business 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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