Slumping Stocks: Resolute Energy Corp(NYSE:REN), Federal National Mortgage Assctn Fnni Me(OTCBB:FNMA) And Federal Home Loan Mortgage Corp(OTCBB:FMCC)
New York, NY – GDP INSIDER – 11/11/2014.
This article discusses three companies: Resolute Energy Corp(NYSE:REN), Federal National Mortgage Assctn Fnni Me(OTCBB:FNMA) And Federal Home Loan Mortgage Corp(OTCBB:FMCC)
Resolute Energy Corp(NYSE:REN) fell seventy-one cents during yesterday’s trading, a 19.67% decrease in value that places the stock at a closing price of $2.90. The mark places the stock to a new 52-week low of $2.76 and $6.75 further away from its 52-week high of $9.65. The company announced its third quarter earnings on 10th November, 2014 and reported a fall of 11% in its revenue with a per share loss of eight cents.
Federal National Mortgage Assctn Fnni Me(OTCBB:FNMA) lost nine cents during yesterday’s trading to fall to a new closing price of $2.20. The 3.93% decrease in value places the stock just seventy seven cents above its 52 week low of $1.43 and $4.15 below its 52 week high of $6.35. The government supported enterprise, which has a market cap of $2.35 billion and traded 5.09 million shares yesterday, has a 50-day moving average of $2.22 and lost 26.91% value YTD.
Federal Home Loan Mortgage Corp(OTCBB:FMCC) suffered a 3.62% decrease in value yesterday as the stock lost eight cents to move to a new closing price of $2.13. The stock traded within a range of $2.12 to $2.22 after opening the day at a price of $2.21. The company, which reported earnings per share of $0.22 in its third quarter, traded 2.45M shares during yesterday’s trading.
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