Shares of Freddie Mac (OTCMKTS:FMCC - Get Free Report) 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.
Freddie Mac Stock Down 2.4%
The firm has a market capitalization of $4.76 billion, a P/E ratio of -366.00 and a beta of 2.00. The stock has a fifty day moving average of $7.38 and a 200-day moving average of $6.03.
Freddie Mac (OTCMKTS:FMCC - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported ($0.01) EPS 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 for 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.
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