New York City, NY -- (SBWIRE) -- 10/15/2013 -- StockMarketIntel.com issues a special report on the following stocks: Federal National Mortgage Association (OTCBB:FNMA), Facebook Inc (NASDAQ:FB), J.C. Penney Company, Inc. (NYSE:JCP), Fab Universal Corp (NYSEMKT:FU)
Federal National Mortgage Association (OTCBB:FNMA) declined -1.23%, trading on 6.31 million shares, to end the trade at $1.61. The stock changed hands in a range of $1.59 to $1.63, bringing its market capitalization to about $2.76 billion. If we look at its trading history of the past 52 weeks, the share price suffered a low of $0.25 and was moved to the maximum level of $5.44. Federal National Mortgage Association Fannie Mae is a government-sponsored enterprise (GSE) chartered by the United States Congress to support liquidity and stability in the secondary mortgage market, where mortgage-related assets are purchased and sold. The Company’s activities include providing market liquidity by securitizing mortgage loans originated by lenders in the primary mortgage market into Fannie Mae mortgage-backed securities (Fannie Mae MBS), and purchasing mortgage loans and mortgage-related securities in the secondary market for its mortgage portfolio.
Has FNMA Found The Bottom and Ready To Move Up? Find Out Here
Facebook Inc (NASDAQ:FB) added 0.81%, to complete the trading session at $49.51, with a total volume of 68.78 million shares. The stock, on average, trades on a volume of 82.25 million shares. It floated in a range of $47.91 to $49.63. Its market capitalization now moved to about $120.57 billion. In the past 52 weeks, the share price has not declined below $18.80 and above $51.60. Facebook, Inc. (Facebook) is engaged in building products to create utility for users, developers, and advertisers. People use Facebook to stay connected with their friends and family, to discover what is going on in the world around them, and to share and express what matters to them to the people they care about.
What was the Moving Force behind FB on Bullish Run? Read This Research Report
J.C. Penney Company, Inc. (NYSE:JCP) recorded a fall of -1.63% and was in a range of $7.83-$8.09 before closing at $7.87. The stock completed the day with a total volume of 17.18 million shares, versus an average volume of 43.46 million shares. The share price hit its 52-week low of $7.59 and $27.00 was the best price. J. C. Penney Company, Inc. (jcpenney), is a holding company. The Company is a retailer, operating 1,102 department stores in 49 states and Puerto Rico as of January 28, 2012. Its business consists of selling merchandise and services to consumers through its department stores and through its Internet Website at jcp.com. It sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside jcpenney and home furnishings. As of January 28, 2012, its supply chain network operated 27 facilities at 18 locations, of which nine were owned, with multiple types of distribution activities housed in certain owned locations. Its operating subsidiary is J. C. Penney Corporation, Inc.
Has JCP Found The Bottom And Ready To Gain Momentum? Find Out Here
Fab Universal Corp (NYSEMKT:FU) added 37.08% yesterday, bringing its market capitalization around $144.60 million. The share price, after opening at $5.54, made a high of $7.00 and hovered above $5.46 to end the day at $6.95. The total number of shares that changed hands during the session was 10.64 million shares, as compared to average trading volume of 2.16 million shares. FAB Universal Corp.(FAB), formerly Wizzard Software Corporation operates in two segments: Software and Media Services. The Software segment engages primarily in the development, sale, and service of custom and packaged computer software products. The Media Services provides podcast hosting, content management tools and advertising services.
For How Long FU will fight for Profitability? Read This Trend Analysis report
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