Freedom Financial (OTCMKTS:FDVA) Trading Down 0.2% – What’s Next?

Freedom Financial Holdings, Inc. (OTCMKTS:FDVA) shares traded down 0.2% during trading on Monday . The stock traded as low as $11.80 and last traded at $11.98. 300 shares were traded during mid-day trading, a decline of 27% from the average daily volume of 409 shares. The stock had previously closed at $12.00.

Freedom Financial Stock Performance

The company has a 50-day simple moving average of $12.13 and a two-hundred day simple moving average of $12.10. 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 firm has a market capitalization of $85.18 million, a P/E ratio of -85.57 and a beta of 0.07.

Freedom Financial (OTCMKTS:FDVA) last announced its earnings results on Friday, July 31st. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.07). Freedom Financial had a negative return on equity of 1.17% and a negative net margin of 1.62%.The firm had revenue of $8.64 million during the quarter, compared to the consensus estimate of $15.38 million.

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.