Freedom Financial (OTCMKTS:FDVA) Trading Down 0.2% – Should You Sell?

Freedom Financial Holdings, Inc. (OTCMKTS:FDVA) fell 0.2% during mid-day trading on Monday . The company traded as low as $11.80 and last traded at $11.98. Approximately 300 shares were traded during trading, a decline of 27% from the average session volume of 409 shares. The stock had previously closed at $12.00.

Freedom Financial Price Performance

The firm has a market cap of $85.18 million, a P/E ratio of -85.57 and a beta of 0.07. 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 firm’s 50 day moving average is $12.13 and its 200 day moving average is $12.10.

Freedom Financial (OTCMKTS:FDVA) last announced its earnings results on Friday, July 31st. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.07). Freedom Financial had a negative net margin of 1.62% and a negative return on equity of 1.17%. The business had revenue of $8.64 million for the quarter, compared to the consensus estimate of $15.38 million.

About Freedom Financial

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.