New York, NY -- (ReleaseWire) -- 06/17/2013 --Federal National Mortgage Association (OTCQB: FNMA) stock is currently trading at $1.72, up 12.42 percent from its previous close of $1.53. The stock opened the session at $1.56 and traded in the range of $1.55 and $1.75 during its last trading session. The upward movement of the stock recorded a trading volume of 15.231 million shares, significantly lower than the average trading volume of 55.612 million shares.
The stock is trading above its 50 days SMA of $1.58 and its 200 days SMA of $0.72 respectively. The company has a market capitalization of $9.99 billion with a high beta of 3.10.
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Federal Home Loan Mortgage Corporation (OTCQB: FMCC) stock had opened the session at $1.40 and oscillated in the range of $1.38 and $1.57 during its last trading session. It’s current trading price is $1.55, up 11.51 percent from its previous close of $1.39. The stock has recorded a low trading volume of 8.640 million shares, compared to the average trading volume of 23.231 million shares.
The market capitalization of the company stands at $4.99 billion with an enterprise value of $1.86 trillion. The stock is also trading above its 50 days SMA and 200 days SMA of $1.49 and $0.70 respectively. It is a highly volatile stock having a beta of 2.98.
Find out if FMCC could maintain its gaining momentum in the very short term here: http://www.wallstreetscoop.net/market-scan/?symbol=FMCC
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