Freddie Mac (OTC:FMCC – Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $8.90 and last traded at $8.00, with a volume of 13037677 shares changing hands. The stock had previously closed at $7.60.
Freddie Mac Stock Up 5.3%
The company has a market cap of $5.20 billion, a PE ratio of -400.00 and a beta of 1.92. The stock’s fifty day moving average price is $5.50.
Freddie Mac Company Profile
Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. The company purchases single-family and multifamily residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates through two segments, Single-family and Multifamily.
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