Freedom Holding Corp. (NASDAQ:FRHC - Get Free Report)'s share price reached a new 52-week high on Thursday . The company traded as high as $185.39 and last traded at $186.16, with a volume of 161481 shares changing hands. The stock had previously closed at $177.18.
Freedom Price Performance
The firm has a market capitalization of $11.11 billion, a PE ratio of 136.57 and a beta of 1.13. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.17 and a current ratio of 1.17. The business's 50 day moving average is $155.97 and its two-hundred day moving average is $147.25.
Freedom (NASDAQ:FRHC - Get Free Report) last released its quarterly earnings data on Friday, June 13th. The company reported ($2.36) earnings per share for the quarter. Freedom had a net margin of 4.13% and a return on equity of 6.92%. The business had revenue of $363.72 million during the quarter.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of FRHC. JPMorgan Chase & Co. grew its stake in Freedom by 286.0% in the 4th quarter. JPMorgan Chase & Co. now owns 34,213 shares of the company's stock valued at $4,471,000 after buying an additional 25,350 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Freedom by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 54,034 shares of the company's stock valued at $7,062,000 after purchasing an additional 696 shares during the period. Headlands Technologies LLC bought a new position in Freedom in the 4th quarter valued at $30,000. Resona Asset Management Co. Ltd. bought a new position in Freedom in the 4th quarter valued at $431,000. Finally, Barclays PLC boosted its holdings in Freedom by 219.1% in the 4th quarter. Barclays PLC now owns 13,224 shares of the company's stock valued at $1,728,000 after purchasing an additional 9,080 shares during the period. 1.26% of the stock is currently owned by hedge funds and other institutional investors.
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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