Federal National Mortgage Association (OTCMKTS:FNMA - Get Free Report) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $2.31 and traded as high as $2.78. Federal National Mortgage Association shares last traded at $2.69, with a volume of 5,485,446 shares.
Federal National Mortgage Association Price Performance
The stock's fifty day moving average is $2.34 and its 200-day moving average is $1.65.
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 for the quarter, topping the consensus estimate 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 company had revenue of $38.14 billion during the quarter, compared to analyst estimates of $7.17 billion.
About Federal National Mortgage Association
(
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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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