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

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

Freedom Financial Stock Performance

The stock has a 50-day moving average of $12.10 and a 200 day moving average of $11.99. 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 market capitalization of $86.86 million, a price-to-earnings ratio of -174.26 and a beta of 0.08.

Freedom Financial (OTCMKTS:FDVA) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.05. The firm 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%.

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.