Shares of Federal Home Loan Mortgage Co. (OTCMKTS:FMCC - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.30 and traded as low as $1.11. Federal Home Loan Mortgage shares last traded at $1.13, with a volume of 780,995 shares traded.
Analyst Upgrades and Downgrades
Separately, Wedbush restated an "underperform" rating and issued a $0.75 target price on shares of Federal Home Loan Mortgage in a research report on Monday, June 17th.
Read Our Latest Analysis on FMCC
Federal Home Loan Mortgage Price Performance
The firm has a market capitalization of $734.57 million, a price-to-earnings ratio of -37.65 and a beta of 1.71. The firm has a 50 day moving average price of $1.15 and a 200-day moving average price of $1.30.
Federal Home Loan Mortgage Company Profile
(
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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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