Freddie Mac (OTCMKTS:FMCC - Get Free Report) shares rose 6.8% during mid-day trading on Tuesday . The company traded as high as $7.39 and last traded at $6.74. Approximately 1,814,446 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 4,433,933 shares. The stock had previously closed at $6.31.
Freddie Mac Price Performance
The stock's fifty day moving average is $7.56 and its 200-day moving average is $6.20. The stock has a market cap of $4.71 billion, a PE ratio of -241.33 and a beta of 2.06.
Freddie Mac (OTCMKTS:FMCC - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported ($0.01) earnings per share (EPS) for the quarter. The business had revenue of $5.92 billion for the quarter. Freddie Mac had a negative return on equity of 42.15% and a net margin of 9.04%.
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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