Federal National Mortgage Association (OTCBB:FNMA) Stock Updates

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Las Vegas, NV -- (SBWIRE) -- 09/20/2013 -- Federal National Mortgage Association (OTCBB:FNMA) also recognized as Fannie Mae’s past trading session was noted with an appreciation of share price at $1.25 after opening the market at $1.16 with an incline of 6.84% at the closing.

In last 52 weeks, the stock has been trading as low as $0.25 per share where the investors supported the stock, and it went up to its maximum of $5.44 per share, where the stock has shown resistance. Federal National Mortgage Association traded volume of 12.35 million which was somewhat lesser than the average volume of 12.65 million for last thirty days.

Fannie Mae’s market valuation was noted $2.14 billion with 1.71 billion of outstanding shares. Fannie Mae along with the Freddie Mac was apprehended by the U.S. government in 2008 as the housing crisis threatened their solvency.

To find out what OTCMAGIC projects for Federal National Mortgage Association for both short term and long term please click here: FNMA

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