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Federal Home Loan Mortgage (OTCMKTS:FMCC) Stock Passes Above 50 Day Moving Average - Time to Sell?

Federal Home Loan Mortgage logo with Finance background

Federal Home Loan Mortgage Co. (OTCMKTS:FMCC - Get Free Report) shares crossed 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 Stock Performance

The stock has a market capitalization of $936.09 million, a PE ratio of -48.00 and a beta of 1.70. The business's 50-day moving average price is $1.17 and its 200 day moving average price is $1.28.

Federal Home Loan Mortgage Company Profile

(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.

Further Reading

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