Freedom Financial (OTCMKTS:FDVA) Announces Quarterly Earnings Results

Freedom Financial (OTCMKTS:FDVA) posted its earnings results on Friday. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.07), Zacks reports. Freedom Financial had a negative net margin of 0.78% and a negative return on equity of 0.57%.

Freedom Financial Price Performance

Shares of FDVA stock remained flat at $12.15 during trading on Friday. 76 shares of the stock traded hands, compared to its average volume of 895. Freedom Financial has a 1 year low of $11.00 and a 1 year high of $12.48. The company has a market capitalization of $86.34 million, a price-to-earnings ratio of -173.55 and a beta of 0.08. The firm’s 50-day moving average price is $12.15 and its two-hundred day moving average price is $12.11. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.90 and a quick ratio of 0.88.

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.