Federal Home Loan Mortgage (OTCMKTS:FMCC) Stock Price Breaks Below the 200-Day Moving Average of $0.70
Shares of Federal Home Loan Mortgage Co. (OTCMKTS: FMCC – Get a rating) broke below its 200-day moving average during Tuesday’s session. The stock has a 200-day moving average of $0.70 and is trading as low as $0.61. Federal Home Loan Mortgage shares last traded at $0.62, with volume at 508,706 shares.
Federal mortgage on home loans trades down 1.0%
The company’s fifty-day moving average price is $0.55 and its 200-day moving average price is $0.70. The company has a market capitalization of $399.79 million, a price-earnings ratio of 8.79 and a beta of 2.24.
Federal Mortgage Loan (OTCMKTS: FMCC – Get a rating) last announced its results on Thursday, July 28. The company reported EPS of $0.02 for the quarter. The company had revenue of $5.40 billion for the quarter. Federal Home Loan Mortgage had a net margin of 15.16% and a negative return on equity of 20.91%.
About the Federal Mortgage
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.
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