Shares of Federal Agricultural Mortgage Corporation (NYSE: AGM) traded at a new 52-week high today and are currently trading at $177.35. So far today, approximately 3,110 shares have been exchanged, as compared to an average 30-day volume of 56,627 shares.
Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Farm & Ranch, USDA (United States Department of Agriculture) Guarantees, Rural Utilities, and Institutional Credit. The Farm & Ranch segment purchases and retains eligible mortgage loans that are secured by first liens on agricultural real estate; securitizes eligible mortgage loans, and guarantees the timely payment of principal.
Federal Agricultural Mortgage Corporation share prices have moved between a 52-week high of $177.4 and a 52-week low of $97.76. The stock has moved 2.5% over the past week.
To learn more about Federal Agricultural Mortgage Corporation, visit the company’s website at https://www.farmermac.com.
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