Shares of Federal National Mortgage Association (OTCMKTS:FNMA - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $2.79 and traded as high as $4.72. Federal National Mortgage Association shares last traded at $4.55, with a volume of 16,717,229 shares changing hands.
Federal National Mortgage Association Trading Up 9.5 %
The firm has a 50-day simple moving average of $2.79 and a 200-day simple moving average of $1.82.
Federal National Mortgage Association (OTCMKTS:FNMA - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The financial services provider reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.64 by $0.05. Federal National Mortgage Association had a negative return on equity of 30.10% and a net margin of 11.22%. The business had revenue of $38.14 billion for the quarter, compared to analysts' expectations of $7.17 billion.
Federal National Mortgage Association Company Profile
(
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Federal National Mortgage Association provides financing solutions for mortgages in the United States. It operates through two segments, Single-Family and Multifamily. The Single-Family segment securitizes and purchases single-family fixed-rate or adjustable-rate, first-lien mortgage loans, or mortgage-related securities backed by these loans; and loans that are insured by Federal Housing Administration, loans guaranteed by the Department of Veterans Affairs and Rural Development Housing and Community Facilities Program of the U.S.
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