Federal Home Loan Mortgage (OTCMKTS:FMCC) stock crosses above the 50-day moving average of $0.56

Shares of Federal Home Loan Mortgage Co. (OTCMKTS:FMCC – Get Rating) rose above its fifty-day moving average during Monday’s trading. The stock has a fifty-day moving average of $0.56 and is trading as low as $0.64. Federal Home Loan Mortgage shares last traded at $0.63, with volume at 826,259 shares.

Federal mortgage price performance

The company’s fifty-day simple moving average is $0.56 and its two-hundred-day simple moving average is $0.71. The stock has a market capitalization of $407.59 million, a price-earnings ratio of 8.96 and a beta of 2.24.

About the Federal Mortgage

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Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. The Company purchases single-family and multi-family residential mortgages issued by lenders, and invests in mortgages and mortgage-related securities. It operates through two segments, single-family and multi-family.

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