Shares of Freddie Mac (OTCMKTS:FMCC - Get Free Report) gapped down before the market opened 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 changing hands.
Freddie Mac Trading Down 2.3%
The firm has a market capitalization of $4.77 billion, a price-to-earnings ratio of -367.00 and a beta of 2.00. The company has a 50-day moving average of $7.21 and a 200-day moving average of $5.90.
Freddie Mac (OTCMKTS:FMCC - Get Free Report) last issued its earnings results 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 company had revenue of $5.85 billion during 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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