Freedom Financial (OTCMKTS:FDVA) Trading Down 0.4% – What’s Next?

Shares of Freedom Financial Holdings, Inc. (OTCMKTS:FDVA) traded down 0.4% during mid-day trading on Wednesday . The company traded as low as $11.90 and last traded at $11.90. 5,041 shares were traded during mid-day trading, an increase of 1,390% from the average daily volume of 338 shares. The stock had previously closed at $11.95.

Freedom Financial Stock Down 0.4%

The company has a market cap of $84.25 million, a price-to-earnings ratio of -84.64 and a beta of 0.07. The stock has a 50-day simple moving average of $12.08 and a 200-day simple moving average of $12.08. The company has a current ratio of 0.93, a quick ratio of 0.91 and a debt-to-equity ratio of 0.76.

Freedom Financial (OTCMKTS:FDVA) last issued its quarterly earnings results on Friday, July 31st. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.07). Freedom Financial had a negative net margin of 1.62% and a negative return on equity of 1.17%. The business had revenue of $8.64 million for the quarter, compared to analyst estimates of $15.38 million.

Freedom Financial Company Profile

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.