FREEDOM BK OF V/SH SH (OTCMKTS:FDVA) Upgraded to Hold by ValuEngine

ValuEngine upgraded shares of FREEDOM BK OF V/SH SH (OTCMKTS:FDVA) from a sell rating to a hold rating in a research note published on Wednesday morning, ValuEngine reports.

Shares of OTCMKTS FDVA traded up $0.10 during midday trading on Wednesday, reaching $10.00. 1,470 shares of the stock were exchanged, compared to its average volume of 12,248. The firm has a market cap of $65.07 million, a price-to-earnings ratio of 199.00 and a beta of 0.26. FREEDOM BK OF V/SH SH has a twelve month low of $9.25 and a twelve month high of $12.22. The firm has a 50-day simple moving average of $9.99 and a two-hundred day simple moving average of $10.11. The company has a quick ratio of 0.98, a current ratio of 1.01 and a debt-to-equity ratio of 0.28.

FREEDOM BK OF V/SH SH Company Profile

The Freedom Bank of Virginia provides various banking products and services primarily in the Northern Virginia area. The company accepts checking and savings accounts, certificates of deposit, and individual retirement accounts. Its loan products include consumer loans, such as installment loans, home equity line of credit, and mortgages for purchasing homes or refinancing existing mortgages; and commercial loans, including business installment loans, commercial line of credit, commercial real estate mortgages, and small business administration loans, as well as mortgage services.

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