Federal Home Loan Mortgage (OTCMKTS:FMCC) Shares Pass Above 50-Day Moving Average of $2.46

Shares of Federal Home Loan Mortgage Corp (OTCMKTS:FMCC) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $2.46 and traded as high as $2.27. Federal Home Loan Mortgage shares last traded at $2.24, with a volume of 285,440 shares.

Separately, Compass Point started coverage on shares of Federal Home Loan Mortgage in a report on Thursday, June 20th. They issued a “neutral” rating on the stock.

The stock’s 50-day moving average price is $2.45.

Federal Home Loan Mortgage Company Profile (OTCMKTS:FMCC)

Freddie Mac operates in the secondary mortgage market in the United States. The company purchases residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates in three segments: Single-family Guarantee, Multifamily, and Capital Markets.

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