Federal Home Loan Mortgage (OTCMKTS:FMCC) Reaches New 1-Year High – Still a Buy?

Shares of Federal Home Loan Mortgage Co. (OTCMKTS:FMCC) reached a new 52-week high during trading on Monday . The company traded as high as $3.43 and last traded at $3.29, with a volume of 9084080 shares changing hands. The stock had previously closed at $3.00.

Federal Home Loan Mortgage Price Performance

The firm’s fifty day simple moving average is $1.41 and its 200 day simple moving average is $1.33. The company has a market capitalization of $2.14 billion, a price-to-earnings ratio of -50.00 and a beta of 1.69.

Federal Home Loan Mortgage (OTCMKTS:FMCC) last announced its quarterly earnings data on Wednesday, October 30th. The company reported ($0.02) EPS for the quarter. Federal Home Loan Mortgage had a negative return on equity of 33.18% and a net margin of 9.74%. The business had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.40 billion.

About Federal Home Loan Mortgage

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.