Freedom (NASDAQ:FRHC - Get Free Report) announced its quarterly earnings data on Friday. The company reported ($2.36) EPS for the quarter, Zacks reports. The firm had revenue of $363.72 million during the quarter. Freedom had a return on equity of 26.63% and a net margin of 14.99%.
Freedom Trading Up 3.2%
FRHC stock traded up $4.76 during midday trading on Monday, reaching $151.81. The stock had a trading volume of 175,289 shares, compared to its average volume of 90,618. The business has a fifty day simple moving average of $150.75 and a two-hundred day simple moving average of $140.94. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.40. The firm has a market cap of $8.90 billion, a price-to-earnings ratio of 28.48 and a beta of 1.16. Freedom has a twelve month low of $71.88 and a twelve month high of $185.00.
Institutional Trading of Freedom
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Acadian Asset Management LLC acquired a new stake in Freedom in the first quarter worth about $261,000. Amundi acquired a new stake in Freedom in the first quarter worth about $483,000. Jane Street Group LLC increased its position in Freedom by 86.1% in the first quarter. Jane Street Group LLC now owns 7,583 shares of the company's stock worth $1,002,000 after purchasing an additional 3,509 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Freedom by 11.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 37,068 shares of the company's stock worth $4,899,000 after buying an additional 3,771 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in shares of Freedom by 214.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 75,018 shares of the company's stock worth $9,915,000 after buying an additional 51,159 shares during the period. 1.26% of the stock is currently owned by institutional investors and hedge funds.
Freedom Company Profile
(
Get Free Report)
Freedom Holding Corp., through its subsidiaries, provides securities brokerage, securities dealing, market making, investment research, investment counseling, and investment banking services. It offers retail brokerage services for exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange traded options and futures contracts, government bonds, and mutual funds; securities trading; underwriting services; margin lending services collateralized by securities and cash in the customer's account; various investment education and training courses; investment research services; and commercial banking services, including payment cards, digital mortgages, and digital business and digital auto loans, as well as Freedom Box, a package of payment acquiring services.
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