Shares of Freddie Mac (OTCMKTS:FMCC - Get Free Report) rose 10% during trading on Wednesday . The stock traded as high as $6.95 and last traded at $6.95. Approximately 1,507,769 shares traded hands during mid-day trading, a decline of 66% from the average daily volume of 4,444,908 shares. The stock had previously closed at $6.32.
Freddie Mac Stock Down 4.4%
The company's 50-day simple moving average is $7.54 and its 200 day simple moving average is $6.16. The company has a market capitalization of $4.19 billion, a P/E ratio of -322.50 and a beta of 2.00.
Freddie Mac (OTCMKTS:FMCC - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported ($0.01) EPS for the quarter. The company had revenue of $5.85 billion for the quarter. Freddie Mac had a net margin of 9.53% and a negative return on equity of 41.19%.
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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