Freedom Financial (OTCMKTS:FDVA) Trading Up 0.8% – Still a Buy?

Freedom Financial Holdings, Inc. (OTCMKTS:FDVAGet Free Report)’s share price was up 0.8% on Wednesday . The company traded as high as $12.20 and last traded at $12.20. Approximately 6,616 shares were traded 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 Trading Down 0.8%

The firm has a market cap of $86.14 million, a P/E ratio of -172.83 and a beta of 0.08. The business’s 50-day moving average is $12.11 and its two-hundred day moving average is $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.

Freedom Financial (OTCMKTS:FDVAGet Free Report) last released 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 business had revenue of $8.31 million during the quarter, compared to the consensus estimate of $15.16 million. Freedom Financial had a negative net margin of 0.78% and a negative return on equity of 0.57%.

About Freedom Financial

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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.

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