Freedom Financial (OTCMKTS:FDVA) Announces Earnings Results

Freedom Financial (OTCMKTS:FDVA) announced its earnings results on Friday. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.07), Zacks reports. Freedom Financial had a negative net margin of 0.78% and a negative return on equity of 0.57%.

Freedom Financial Price Performance

FDVA stock remained flat at $12.15 during trading on Friday. The company had a trading volume of 76 shares, compared to its average volume of 895. The company has a fifty day simple moving average of $12.15 and a 200-day simple moving average of $12.11. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.88 and a current ratio of 0.90. The stock has a market cap of $86.34 million, a price-to-earnings ratio of -173.55 and a beta of 0.08. Freedom Financial has a 1 year low of $11.00 and a 1 year high of $12.48.

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.