Freddie Mac (OTCMKTS:FMCC – Get Free Report)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $12.95 and last traded at $12.70, with a volume of 8093498 shares changing hands. The stock had previously closed at $11.88.
Freddie Mac Stock Performance
The company has a 50 day simple moving average of $8.24 and a two-hundred day simple moving average of $6.81. The company has a market cap of $8.26 billion, a PE ratio of -423.33 and a beta of 2.09.
Freddie Mac (OTCMKTS:FMCC – Get Free Report) last released its earnings results on Thursday, July 31st. The company reported ($0.01) earnings per share for the quarter. Freddie Mac had a net margin of 9.04% and a negative return on equity of 44.33%. The business had revenue of $5.92 billion for the quarter.
About Freddie Mac
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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