Freedom Holding Corp. (NASDAQ:FRHC - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $156.61, but opened at $161.50. Freedom shares last traded at $165.95, with a volume of 39,531 shares trading hands.
Freedom Price Performance
The firm has a market capitalization of $9.62 billion, a PE ratio of 30.81 and a beta of 1.14. The business has a 50-day moving average of $145.18 and a 200 day moving average of $138.12. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.40.
Institutional Investors Weigh In On Freedom
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Twin Tree Management LP purchased a new stake in Freedom in the 1st quarter valued at $29,000. Tower Research Capital LLC TRC increased its position in shares of Freedom by 27.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,065 shares of the company's stock valued at $139,000 after purchasing an additional 232 shares during the last quarter. Headlands Technologies LLC purchased a new stake in shares of Freedom during the 4th quarter valued at $30,000. IFP Advisors Inc purchased a new stake in shares of Freedom during the 1st quarter valued at $37,000. Finally, GAMMA Investing LLC increased its position in shares of Freedom by 13,133.3% during the 1st quarter. GAMMA Investing LLC now owns 397 shares of the company's stock valued at $52,000 after purchasing an additional 394 shares during the last quarter. 1.26% of the stock is owned by hedge funds and other institutional investors.
Freedom Company Profile
(
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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.
Further Reading
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