Federal Home Mortgage (OTCMKTS:FMCC) shares drop below the 200-day moving average of $0.72

Federal Home Loan Mortgage Co. (OTCMKTS: FMCCGet a rating) the stock price fell 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 Mortgage Loan (OTCMKTS: FMCCGet a rating) last released its quarterly results 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 a rating)

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.

Further reading

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