Freedom Holding Corp. (NASDAQ:FRHC - Get Free Report)'s share price hit a new 52-week high on Friday . The company traded as high as $109.98 and last traded at $109.89, with a volume of 46077 shares changing hands. The stock had previously closed at $106.10.
Freedom Trading Up 5.0 %
The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.03. The firm has a market cap of $6.75 billion, a P/E ratio of 17.22 and a beta of 1.05. The stock has a 50 day simple moving average of $95.64 and a 200-day simple moving average of $82.81.
Freedom (NASDAQ:FRHC - Get Free Report) last released its quarterly earnings data on Friday, August 9th. The company reported $0.57 EPS for the quarter. Freedom had a net margin of 19.32% and a return on equity of 32.00%. The business had revenue of $450.72 million during the quarter.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. Handelsbanken Fonder AB raised its holdings in shares of Freedom by 15.6% in the third quarter. Handelsbanken Fonder AB now owns 3,700 shares of the company's stock worth $351,000 after buying an additional 500 shares during the last quarter. Algert Global LLC lifted its stake in Freedom by 44.0% during the 2nd quarter. Algert Global LLC now owns 5,905 shares of the company's stock valued at $445,000 after acquiring an additional 1,805 shares during the period. Marshall Wace LLP acquired a new stake in shares of Freedom during the 2nd quarter worth approximately $618,000. Sparta 24 Ltd. acquired a new stake in shares of Freedom in the second quarter valued at about $1,996,000. Finally, Quest Partners LLC boosted its holdings in Freedom by 901.9% in 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 during the last quarter. 1.26% of the stock is currently owned by institutional investors.
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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