• Return to Headlines

Fed Agri Mtg-C Shares Up 14.9% Since SmarTrend's Buy Recommendation (AGM)

By Shiri Gupta

SmarTrend identified an Uptrend for Fed Agri Mtg-C (NYSE:AGM) on July 12th, 2019 at $74.06. In approximately 2 months, Fed Agri Mtg-C has returned 14.93% as of today's recent price of $85.11.

In the past 52 weeks, Fed Agri Mtg-C share prices have been bracketed by a low of $55.64 and a high of $85.54 and are now at $85.17, 53% above that low price. The 200-day and 50-day moving averages have moved 0.33% higher and 1.23% higher over the past week, respectively.

Federal Agricultural Mortgage Corporation (Farmer Mac) is a federally chartered instrumentality, which establishes a secondary market for agricultural real estate. The Company provides rural housing mortgage loans and adds greater liquidity to the agricultural mortgage market.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Fed Agri Mtg-C shares.

Log in and add Fed Agri Mtg-C (AGM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights fed agri mtg-c

Ticker(s): AGM