Freedom Holding Corp. (NASDAQ:FRHC - Get Free Report)'s stock price was down 4.3% during mid-day trading on Wednesday . The company traded as low as $143.70 and last traded at $143.79. Approximately 54,225 shares changed hands during mid-day trading, a decline of 40% from the average daily volume of 90,703 shares. The stock had previously closed at $150.25.
Freedom Price Performance
The company has a debt-to-equity ratio of 0.03, a current ratio of 1.17 and a quick ratio of 1.28. The stock has a 50 day moving average price of $151.97 and a 200-day moving average price of $141.28. The stock has a market capitalization of $8.11 billion, a price-to-earnings ratio of 99.49 and a beta of 1.16.
Freedom (NASDAQ:FRHC - Get Free Report) last announced its quarterly earnings data on Friday, June 13th. The company reported ($2.36) EPS for the quarter. The company had revenue of $363.72 million for the quarter. Freedom had a return on equity of 6.92% and a net margin of 4.13%.
Institutional Investors Weigh In On Freedom
Hedge funds and other institutional investors have recently bought and sold shares of the company. Twin Tree Management LP acquired a new position in Freedom in the 1st quarter valued at about $29,000. Headlands Technologies LLC purchased a new position in shares of Freedom during the 4th quarter worth $30,000. IFP Advisors Inc purchased a new position in shares of Freedom during the 1st quarter worth $37,000. GAMMA Investing LLC grew its holdings in shares of Freedom by 13,133.3% during the 1st quarter. GAMMA Investing LLC now owns 397 shares of the company's stock worth $52,000 after purchasing an additional 394 shares during the period. Finally, KBC Group NV purchased a new position in shares of Freedom during the 1st quarter worth $138,000. 1.26% of the stock is currently owned by institutional investors and hedge funds.
About Freedom
(
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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