Freedom Financial (OTCMKTS:FDVA) Trading Up 1% - Time to Buy?

Key Points

• Freedom Financial's stock increased by 1% during mid-day trading, reaching a last traded price of $11.64 after closing at $11.52.
• The company reported a quarterly EPS of $0.11 with revenues of $8.19 million and has a net margin of 6.54%.
• Freedom Financial operates as a bank holding company, offering various banking solutions including personal and business accounts and mortgage services.

Freedom Financial Holdings, Inc. (OTCMKTS:FDVA - Get Free Report)'s stock price was up 1% during mid-day trading on Friday . The stock traded as high as $11.64 and last traded at $11.64. Approximately 400 shares traded hands during mid-day trading, a decline of 12% from the average daily volume of 454 shares. The stock had previously closed at $11.52.

Freedom Financial Stock Up 1.0%

The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.71. The firm has a 50 day simple moving average of $11.73 and a 200-day simple moving average of $11.12. The stock has a market cap of $82.99 million, a P/E ratio of 19.40 and a beta of 0.20.

Freedom Financial (OTCMKTS:FDVA - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.11 earnings per share (EPS) for the quarter. Freedom Financial had a return on equity of 5.21% and a net margin of 6.54%.The firm had revenue of $8.19 million for the quarter.

Freedom Financial Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.