Freddie Mac (OTCMKTS:FMCC - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $7.38 and traded as high as $7.48. Freddie Mac shares last traded at $7.32, with a volume of 1,073,986 shares trading hands.
Freddie Mac Trading Down 4.8%
The stock has a market capitalization of $4.39 billion, a P/E ratio of -337.95 and a beta of 2.00. The business has a 50-day moving average price of $7.42 and a two-hundred day moving average price of $6.09.
Freddie Mac (OTCMKTS:FMCC - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported ($0.01) EPS for the quarter. Freddie Mac had a net margin of 9.53% and a negative return on equity of 41.19%. The firm had revenue of $5.85 billion during the quarter.
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.
Further Reading
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