Freedom Financial (OTCMKTS:FDVA – Get Free Report) issued its quarterly earnings results on Friday. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.06, Zacks reports. Freedom Financial had a negative return on equity of 1.17% and a negative net margin of 1.62%.
Freedom Financial Stock Performance
Shares of FDVA stock remained flat at $11.66 during mid-day trading on Friday. The company has a market capitalization of $80.32 million, a P/E ratio of -83.26 and a beta of 0.07. The company has a quick ratio of 0.91, a current ratio of 0.93 and a debt-to-equity ratio of 0.76. Freedom Financial has a fifty-two week low of $11.00 and a fifty-two week high of $12.48. The stock’s 50-day moving average price is $11.90 and its two-hundred day moving average price is $12.06.
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.
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