Federal Agricultural Mortgage Corporation (AGM)

Federal Agricultural Mortgage Corporation is trading at $233.14, up 0.61% on the session. The 50 day average sits at $204.76 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 65.1, which reads as strong, and MACD is bearish crossover. Volume is below average.

The nearest support is around $195.90 with resistance near $248.29, so that band frames the current range. Average daily movement is roughly $6.78, or about 2.9% of the share price, which is what any stop placement has to allow for. The overall health score of 64 out of 100 combines a trend score of 75, momentum of 62 and a risk score of 49.

Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through seven segments: Farm & Ranch, Corporate AgFinance, Power & Utilities, Broadband Infrastructure, Renewable Energy, Funding, and Investments. The Farm & Ranch segment includes the USDA Securities portfolio, Farm & Ranch loans, and AgVantage securities secured by Farm & Ranch loans. The Corporate AgFinance segment includes loans and AgVantage securities to larger and more complex farming operations, agribusinesses focused on food and fiber processing, and other supply chain production. The Power & Utilities segment includes loans to rural electric generation and transmission cooperatives and distribution cooperatives, as well as AgVantage securities secured by those types of loans. The Broadband Infrastructure segment includes loans to rural fiber, cable/broadband, tower, wireless, local exchange carrier, and data center projects. The Renewable Energy segment includes rural electric, solar, wind, and gas projects. The Funding segment includes debt issuance, hedging, asset/liability management, and capital allocation. The Investments segment includes an investment portfolio, which is held for liquidity purposes. The company is involved in a line of agricultural finance business, including purchasing and retaining eligible loans and securities; guaranteeing the payment of principal and interest on securities that represent interests in, or obligations secured by pools of eligible loans; servicing eligible loans; and issuing long-term standby purchase commitments for designated eligible loans. Federal Agricultural Mortgage Corporation was incorporated in 1987 and is headquartered in Washington, District Of Columbia.