Freedom Holding Corp. (NASDAQ:FRHC - Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $116.95 and last traded at $116.57, with a volume of 16085 shares changing hands. The stock had previously closed at $114.61.
Freedom Stock Up 1.7 %
The company has a debt-to-equity ratio of 0.24, a current ratio of 1.26 and a quick ratio of 1.20. The firm has a 50 day moving average of $101.41 and a 200-day moving average of $87.17. The stock has a market capitalization of $7.07 billion, a P/E ratio of 20.56 and a beta of 1.02.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of FRHC. Quadrature Capital Ltd acquired a new position in Freedom during the 1st quarter worth $426,000. Marshall Wace LLP acquired a new position in Freedom during the 2nd quarter worth $618,000. Quest Partners LLC lifted its holdings in Freedom by 901.9% during the 2nd quarter. Quest Partners LLC now owns 5,390 shares of the company's stock worth $406,000 after buying an additional 4,852 shares in the last quarter. Sparta 24 Ltd. acquired a new position in Freedom during the 2nd quarter worth $1,996,000. Finally, Handelsbanken Fonder AB lifted its holdings in Freedom by 15.6% during the 3rd quarter. Handelsbanken Fonder AB now owns 3,700 shares of the company's stock worth $351,000 after buying an additional 500 shares in the last quarter. 1.26% of the stock is owned by institutional investors and hedge funds.
Freedom Company Profile
(
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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