Freedom Financial (OTCMKTS:FDVA) Shares Down 1.9% – Here’s Why

Shares of Freedom Financial Holdings, Inc. (OTCMKTS:FDVA) fell 1.9% during trading on Friday . The stock traded as low as $10.45 and last traded at $10.50. 191,192 shares traded hands during trading, an increase of 675% from the average session volume of 24,668 shares. The stock had previously closed at $10.70.

Freedom Financial Price Performance

The stock has a market capitalization of $75.24 million, a PE ratio of 16.15 and a beta of 0.65. The firm’s 50 day simple moving average is $10.44 and its 200 day simple moving average is $10.51. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.88 and a quick ratio of 0.87.

Freedom Financial (OTCMKTS:FDVA) last released its quarterly earnings results on Friday, January 31st. The company reported $0.16 EPS for the quarter. Freedom Financial had a return on equity of 5.89% and a net margin of 7.09%.

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.