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Mortgage Sector Stocks On The Move (OTCQB: FNMA) (OTCQB: FMCC)

Thursday, 09 May 2013 12:36 PM

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New York (May 9th, 2013) - Federal National Mortgage Association (OTCQB: FNMA) traded in the range of $0.8980 and $0.9985 during its latest trading session. The stock opened at $1.00 and is currently at $0.949, up 5.33 percent from its previous close of $0.90. With its upward movement, the stock is trading above its short term moving average price of $0.93 and long term moving average price of $0.94. The stock has the beta of 3.07, implying high volatility and the company commands market capitalization of $1.63 billion.

Federal National Mortgage Association stock traded in the range of $0.20 and $1.47 in the past 52 weeks.

Find out where FNMA could be headed by getting the free and full trend analysis reports here: http://www.monstertradingalerts.com/market-scan/?symbol=FNMA

Federal Home Loan Mortgage Corporation (OTCQB: FMCC) stock is at $0.919, up 4.43 percent from its previous close of $0.88. Its latest trading volume has been recorded at 16.043 million shares, which is substantially higher than its average daily trading volume of 8.984 million shares. The stock has made the upward movement with high volume. Federal Home Loan Mortgage’s market capitalization stands at $2.96 billion and its stock is highly volatile with beta of 2.69.

The stock is currently trading below its short term and long term moving average price of $0.92 and $0.93 respectively. The company is based out of McLean in Virginia.

Get the latest trend analysis news and reports on FMCC by getting the complete trend analysis report here: http://www.monstertradingalerts.com/market-scan/?symbol=FMCC

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