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Freedom Financial (OTCMKTS:FDVA) Trading Down 0.4% - Should You Sell?

Freedom Financial logo with Finance background

Key Points

  • Freedom Financial Holdings, Inc. (OTCMKTS:FDVA) saw its stock price decrease by 0.4%, closing at $11.65 with a significant drop in trading volume, down 73% from the average session.
  • The company reported a quarterly revenue of $8.19 million and an earnings per share (EPS) of $0.11, with a return on equity of 5.24% and a net margin of 6.54%.
  • Freedom Financial operates as a bank holding company for The Freedom Bank of Virginia, offering various banking solutions including personal and commercial banking services.
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Freedom Financial Holdings, Inc. (OTCMKTS:FDVA - Get Free Report) fell 0.4% on Monday . The company traded as low as $11.65 and last traded at $11.65. 400 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 1,498 shares. The stock had previously closed at $11.70.

Freedom Financial Stock Performance

The company has a market cap of $83.06 million, a P/E ratio of 19.42 and a beta of 0.20. The business has a 50 day moving average price of $11.50 and a two-hundred day moving average price of $10.81. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.88 and a current ratio of 0.88.

Freedom Financial (OTCMKTS:FDVA - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.11 EPS for the quarter. Freedom Financial had a return on equity of 5.24% and a net margin of 6.54%. The business had revenue of $8.19 million for the quarter.

About Freedom Financial

(Get Free Report)

Freedom Financial Holdings, Inc operates as the bank holding company for The Freedom Bank of Virginia that provides commercial banking, personal banking, and mortgage banking solutions. The company offers personal and business checking accounts, interest bearing business savings accounts, money market accounts, personal savings accounts, certificates of deposits, and IRAs, as well as insured cash sweep and certificate of deposit account registry services.

See Also

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