What’s happening at Federal National Mortgage Association (Other OTC:FNMA)? What made the stock one of the top performing stock today? The company is indeed among the top gainers of the stock market, skyrocketing 4.01% (or 0.13 points) to $3.25 from its previous close of $3.12. So is it the right moment to buy?
The shares had a decreased trading volume of 4,141,339 contracts this session compared to the average daily volume of last 10 days of 6,977,112 contracts and they had a decreased trading volume compared to the average daily volume of last 3 months of 5,553,514 contracts.
The indicator of a company’s profitability, the earnings per share ratio is 0.01. This value shows how much money a company makes for each share of its stock. A higher EPS indicates more value because investors will pay more for a company with higher profits. This is positive and tells you exactly how much money the company earned per share of its 1.2B outstanding stock.
The closing market price for this trading session was 212.02% over 52 weeks minimum price of $1.04 and 23.29% under 52 weeks maximum price of $4.23. Also the price is 8.23% greater than 200 day average of $3.00 and 7.44% greater than 50 day average of $3.02.
Latest news that might have contributed to the great perfomance of FNMA today are:
- Exclusive: Freddie Mac offers early retirement to 25% of workforce – sources, published on Thu, 19 Dec 2019 02:37:24 +0000
- Charlotte City Housing Authority, NC, Multifamily Housing Taxable Revenue Bonds (Archdale Flats-Family), Series 2019B, $6.480MM — Moody’s assigns Aaa to $6,480,000 Housing Authority of the City of Charlotte, N.C., Multifamily Housing Taxable Revenue Bonds, (Archdale Flats-Family), Series 2019B, published on Wed, 18 Dec 2019 19:32:08 +0000
- Will 2020 be a good time to buy a house? Here’s what the experts say, published on Wed, 18 Dec 2019 19:26:00 +0000