Federal Home Loan Mortgage (OTCMKTS:FMCC) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Federal Home Loan Mortgage Co. (OTCMKTS:FMCCGet Free Report)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $1.17 and traded as high as $1.40. Federal Home Loan Mortgage shares last traded at $1.38, with a volume of 3,654,623 shares changing hands.

Federal Home Loan Mortgage Trading Up 7.0 %

The company has a market cap of $897.08 million, a P/E ratio of -46.00 and a beta of 1.70. The company’s fifty day moving average is $1.17 and its 200 day moving average is $1.28.

About Federal Home Loan Mortgage

(Get Free Report)

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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