Freedom Financial (OTCMKTS:FDVA) Stock Price Up 0.8% – Here’s What Happened

Freedom Financial Holdings, Inc. (OTCMKTS:FDVA)’s stock price rose 0.8% on Wednesday . The company traded as high as $12.20 and last traded at $12.20. Approximately 6,616 shares changed hands during mid-day trading, an increase of 1,249% from the average daily volume of 491 shares. The stock had previously closed at $12.10.

Freedom Financial Stock Performance

The company has a market capitalization of $86.86 million, a price-to-earnings ratio of -174.26 and a beta of 0.08. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.90 and a quick ratio of 0.88. The stock has a 50 day moving average price of $12.10 and a two-hundred day moving average price of $11.99.

Freedom Financial (OTCMKTS:FDVA) last announced its earnings results on Thursday, April 30th. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.05. The company had revenue of $8.31 million during the quarter, compared to analyst estimates of $15.16 million. Freedom Financial had a negative return on equity of 0.57% and a negative net margin of 0.78%.

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. It also provides business term, personal, and mortgage loans; commercial lines of credit; commercial real estate mortgage and small business lending services; home equity lines; and credit cards.