Freedom Financial (OTCMKTS:FDVA) Trading Down 0.5% – What’s Next?

Freedom Financial Holdings, Inc. (OTCMKTS:FDVA) shares were down 0.5% during mid-day trading on Thursday . The stock traded as low as $10.25 and last traded at $10.25. Approximately 30,293 shares traded hands during trading, an increase of 12% from the average daily volume of 27,056 shares. The stock had previously closed at $10.30.

Freedom Financial Price Performance

The stock’s fifty day simple moving average is $10.53 and its two-hundred day simple moving average is $10.47. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.88 and a quick ratio of 0.87. The company has a market capitalization of $74.50 million, a price-to-earnings ratio of 46.59 and a beta of 0.65.

Freedom Financial (OTCMKTS:FDVA) last issued its earnings results on Friday, January 31st. The company reported $0.16 earnings per share (EPS) for the quarter. Freedom Financial had a net margin of 2.33% and a return on equity of 1.95%.

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.