Federal Home Mortgage (OTCMKTS:FMCC) shares drop below the 200-day moving average of $0.73

Federal Home Loan Mortgage Co. (OTCMKTS: FMCCGet a rating) broke below its 200-day moving average during Thursday’s session. The stock has a two hundred day moving average of $0.73 and is trading as low as $0.62. Federal Home Loan Mortgage shares last traded at $0.63, with volume of 855,248 shares changing hands.

Performance of Federal Mortgage Stocks on Home Loans

The stock’s 50-day moving average is $0.59 and its 200-day moving average is $0.73. The stock has a market capitalization of $408.04 million, a PE ratio of 8.97 and a beta of 2.17.

Federal Mortgage Loan (OTCMKTS: FMCCGet a rating) last released its quarterly earnings data on Thursday, April 28. The company reported earnings per share (EPS) of $0.04 for the quarter. Federal Home Loan Mortgage had a net margin of 17.69% and a negative return on equity of 21.94%. The company posted revenue of $5.85 billion for the quarter.

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.

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