Two Sigma Investments LP raised its holdings in shares of Freedom Holding Corp (OTCMKTS:FRHC) by 6.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,898 shares of the company’s stock after acquiring an additional 772 shares during the quarter. Two Sigma Investments LP’s holdings in Freedom were worth $183,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also modified their holdings of the company. US Bancorp DE bought a new position in shares of Freedom in the first quarter worth about $43,000. Goldman Sachs Group Inc. purchased a new stake in Freedom in the 4th quarter worth approximately $362,000. Russell Investments Group Ltd. purchased a new stake in Freedom in the 1st quarter worth approximately $418,000. Oxford Asset Management LLP bought a new stake in Freedom during the 4th quarter worth approximately $442,000. Finally, Geode Capital Management LLC purchased a new position in Freedom during the first quarter valued at approximately $453,000.
OTCMKTS:FRHC opened at $18.84 on Wednesday. The business’s 50-day simple moving average is $17.65 and its two-hundred day simple moving average is $15.70. Freedom Holding Corp has a 52 week low of $10.50 and a 52 week high of $19.41. The stock has a market cap of $1.10 billion, a PE ratio of 38.24 and a beta of -0.34. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 0.58.
Freedom Holding Corp., through its subsidiaries, provides retail securities brokerage, investment research and counseling, securities trading, market making, corporate investment banking, and underwriting services. The company offers investment brokerage services for exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange traded options and futures contracts, government bonds, and mutual funds; capital raising solutions for corporate clients through initial public offerings, follow-on offerings, and private investments in public entities; and debt capital markets solutions for emerging growth and small market companies, and financial sponsors.
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