What’s happening at Federal National Mortgage Association (Other OTC:FNMAH)? What made the stock one of the top performing stock today? The company is indeed among the top gainers of the stock market, skyrocketing 5.29% (or 0.56 points) to $11.06 from its previous close of $10.50. So is it the right moment to buy?
The shares had a decreased trading volume of 28,060 contracts this session compared to the average daily volume of last 10 days of 63,902 contracts and they had a decreased trading volume compared to the average daily volume of last 3 months of 32,759 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 5.7B outstanding stock.
The closing market price for this trading session was 106.64% over 52 weeks minimum price of $5.35 and 15.93% under 52 weeks maximum price of $13.15. Also the price is 3.02% greater than 200 day average of $10.73 and 10.58% greater than 50 day average of $10.00.
Latest news that might have contributed to the great perfomance of FNMAH today are:
- Exclusive: Freddie Mac offers early retirement to 25% of workforce – sources, published on Thu, 19 Dec 2019 02:37:24 +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
- Strong Economic Data Leads to Upward Revisions in Growth Forecast, published on Wed, 18 Dec 2019 12:30:00 +0000