Freedom Holding Corp. (NASDAQ:FRHC - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $113.91 and last traded at $113.00, with a volume of 33528 shares traded. The stock had previously closed at $110.54.
Freedom Price Performance
The company's fifty day moving average is $99.44 and its two-hundred day moving average is $85.71. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.20 and a current ratio of 1.20. The firm has a market cap of $6.59 billion, a price-to-earnings ratio of 19.82 and a beta of 1.02.
Freedom (NASDAQ:FRHC - Get Free Report) last issued its earnings results on Friday, August 9th. The company reported $0.57 earnings per share for the quarter. The company had revenue of $450.72 million during the quarter. Freedom had a return on equity of 32.00% and a net margin of 19.32%.
Institutional Investors Weigh In On Freedom
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Handelsbanken Fonder AB grew its stake in shares of Freedom by 15.6% during the third quarter. Handelsbanken Fonder AB now owns 3,700 shares of the company's stock valued at $351,000 after acquiring an additional 500 shares in the last quarter. EntryPoint Capital LLC grew its stake in Freedom by 110.7% during the 1st quarter. EntryPoint Capital LLC now owns 986 shares of the company's stock valued at $70,000 after purchasing an additional 518 shares in the last quarter. Algert Global LLC increased its holdings in Freedom by 44.0% during the 2nd quarter. Algert Global LLC now owns 5,905 shares of the company's stock worth $445,000 after purchasing an additional 1,805 shares during the last quarter. Victory Capital Management Inc. acquired a new position in shares of Freedom in the 3rd quarter valued at approximately $213,000. Finally, Quest Partners LLC boosted its stake in shares of Freedom by 901.9% during the 2nd quarter. Quest Partners LLC now owns 5,390 shares of the company's stock valued at $406,000 after buying an additional 4,852 shares during the last quarter. Hedge funds and other institutional investors own 1.26% of the company's stock.
About Freedom
(
Get Free Report)
Freedom Holding Corp., through its subsidiaries, provides securities brokerage, securities dealing, market making, investment research, investment counseling, and investment banking services. It offers retail brokerage services for exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange traded options and futures contracts, government bonds, and mutual funds; securities trading; underwriting services; margin lending services collateralized by securities and cash in the customer's account; various investment education and training courses; investment research services; and commercial banking services, including payment cards, digital mortgages, and digital business and digital auto loans, as well as Freedom Box, a package of payment acquiring services.
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