Las Vegas, NV -- (SBWIRE) -- 09/20/2013 -- Federal National Mortgage Association (OTCBB: FNMA) is up by 4 percent currently trading at $1.31 per share, the stock entered the market at a price of $1.25 per share.
Since morning it has risen up but after 11 it starts moving down and now its near the share price value where it was closed yesterday. The stock price has been moving between the range of $1.24 per share and $1.38 per share. The company had traded 19.21 million shares up till now. In last one year the stock moved to its lowest of $0.25 per share and touched the highest of $5.44 per share.
Federal National Mortgage Association, currently is trading at a market valuation of $2.23 billion and it holds 1.71 billion shares outstanding, with a Beta of 3.23. The Fannie Mae provides liquidity and stability support services for mortgage market in the United States.
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