Freedom Financial (OTCMKTS:FDVA) Stock Price Down 0.8% – Here’s What Happened

Freedom Financial Holdings, Inc. (OTCMKTS:FDVA)’s share price traded down 0.8% during mid-day trading on Tuesday . The company traded as low as $10.61 and last traded at $10.61. 1,355 shares changed hands during trading, a decline of 78% from the average session volume of 6,210 shares. The stock had previously closed at $10.70.

Freedom Financial Stock Performance

The company has a debt-to-equity ratio of 1.07, a current ratio of 0.87 and a quick ratio of 0.86. The business’s 50 day moving average price is $10.72 and its 200-day moving average price is $10.23. The firm has a market capitalization of $77.13 million, a price-to-earnings ratio of 48.23 and a beta of 0.66.

Freedom Financial (OTCMKTS:FDVA) last issued its earnings results on Friday, October 25th. The company reported $0.05 earnings per share for the quarter. Freedom Financial had a net margin of 2.33% and a return on equity of 1.98%. The company had revenue of $7.25 million for the quarter.

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.