Shares of Freddie Mac (OTC:FMCC – Get Free Report) dropped 5.6% during mid-day trading on Monday . The company traded as low as $5.14 and last traded at $5.42. Approximately 3,348,024 shares traded hands during trading, a decline of 47% from the average daily volume of 6,287,735 shares. The stock had previously closed at $5.74.
Freddie Mac Price Performance
The business has a 50 day moving average price of $5.58.
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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