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Penny Stocks on the Move: (OTC:FNMA), (OTC:FMCC)

 
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New York, NY -- (SBWIRE) -- 06/27/2013 -- Federal National Mortgage Association (OTC:FNMA) stock is trading at $1.36, up 15.25 percent from its previous close of $1.18. The stock had opened at $1.01 and traded in the range of $1.01 and $1.38 during its last trading session. The upward movement of the stock has recorded a trading volume of 42.889 million shares, compared to the average trading volume of 51.034 million shares.

The market capitalization of the company stands at $7.83 billion with an enterprise value of $3.09 trillion. The stock is also trading below its 50 days SMA of $1.78 and above its 200 days SMA of $0.81.

Find out where FNMA could be headed by getting the free and full trend analysis report here: http://www.wallstreetscoop.net/market-scan/?symbol=FNMA

Federal Home Loan Mortgage Corporation (OTC:FMCC) stock had opened the session at $0.99 and oscillated in the range of $0.99 and $1.32 during its last trading session. The stock’s trading price stands at $1.29, up 15.18 percent from its previous close of $1.12. The stock recorded a trading volume of 19.629 million shares, in contrast to the average trading volume of 21.248 million shares.

The company has a market capitalization of $4.16 billion with a high beta of 2.98. Currently the stock is trading below its 50 days SMA of $1.66 and above its 200 days SMA of $0.78. The company is based in McLean.

Get the latest news on FMCC here:
http://www.wallstreetscoop.net/market-scan/?symbol=FMCC

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