Federal Home Mortgage (OTCMKTS:FMCC) shares drop below the 200-day moving average of $0.72
Federal Home Loan Mortgage Co. (OTCMKTS:FMCC – Get Rating) stock price broke below its 200-day moving average during Friday’s session. The stock has a 200-day moving average of $0.72 and is trading as low as $0.55. Federal Home Loan Mortgage shares last traded at $0.55, with volume at 1,357,742 shares.
Performance of Federal Mortgage Stocks on Home Loans
The company has a market capitalization of $359.29 million, a PE ratio of 7.90 and a beta of 2.17. The stock has a 50-day moving average price of $0.58 and a 200-day moving average price of $0.72.
Federal Home Loan Mortgage (OTCMKTS: FMCC – Get Rating) released its quarterly results for the last time on Thursday, April 28. The company reported earnings per share of $0.04 for the quarter. The company had revenue of $5.85 billion in the quarter. Federal Home Loan Mortgage had a negative return on equity of 21.94% and a net margin of 17.69%.
Federal Home Mortgage Corporation Profile
(Get an assessment)
Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. The Company purchases single-family and multi-family residential mortgages issued by lenders, and invests in mortgages and mortgage-related securities. It operates through two segments, single-family and multi-family.
Get news and reviews for Federal Home Loan Mortgage Daily – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings for Federal Home Loan Mortgage and related companies with MarketBeat.com’s FREE daily newsletter.