Penny Stocks Catching Investors Attention: (OTCQB: FNMA), (OTCQB: FMCC)
New York, NY -- (ReleaseWire) -- 06/14/2013 --Federal National Mortgage Association (OTCQB: FNMA) is trading in the range of $1.48 and $1.82 during its latest trading session. The stock had opened at $1.81 and is at $1.54, down 15.76 percent from its previous close of $1.84 with above average volume. Federal National Mortgage Association recorded the volume of 65.403 million shares so far. Its average daily trading volume stands at 54.889 million shares.
The stock price is trading above its short term moving average price but below long term moving average price of $1.54 and $1.60 respectively. Federal National Mortgage Association is highly volatile with beta of 3.22.
Find out if FNMA could bounce back in the very short term by getting the free and full trend analysis report here:
Federal Home Loan Mortgage Corp (OTCQB: FMCC) offers services related to residential mortgages. Its stock is at $1.43, down 15.88 percent from its previous close of $1.70. Its latest trading volume has been recorded at 30.207 million shares, in contrast to the average daily trading volume of 22.877 million shares. The stock opened the session at $1.69 which is also its highest price point for the session so far.
Federal Home Loan Mortgage Corp stock’s lowest price point for the session stood at $1.35. Its market capitalization stands at $4.54 billion and the stock’s beta at 2.98 implies high volatility.
Find out more on FMCC by getting the free and full trend analysis report here: http://www.wallstreetscoop.net/market-scan/?symbol=FMCC
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