Is Fannie Mae (OTCPK:FNMA) Pricing Look Stretched After Recent Share Price Volatility?
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide.
-
If you are wondering whether Federal National Mortgage Association’s recent share price really reflects its value, you are not alone. This article is designed to walk you through that question step by step.
-
The stock closed at US$8.19 recently, with returns of 49.2% over the past year, a very large 3 year gain and a 324.3% return over 5 years. However, the past month has seen a 25.6% decline and a 7.7% drop over the last week.
-
Recent share price moves have been set against ongoing attention on the US mortgage market and the role of government sponsored enterprises like Fannie Mae, including…
