Freedom (OTCMKTS:FRHC) Hits New 1-Year High at $14.76

Freedom Holding Corp (OTCMKTS:FRHC)’s share price hit a new 52-week high on Friday . The company traded as high as $14.76 and last traded at $14.71, with a volume of 188809 shares changing hands. The stock had previously closed at $14.15.

Separately, ValuEngine cut Freedom from a “sell” rating to a “strong sell” rating in a research note on Wednesday, October 2nd.

The stock has a 50 day simple moving average of $13.00 and a 200 day simple moving average of $11.23. The company has a market cap of $742.43 million, a price-to-earnings ratio of 38.24 and a beta of -0.34. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 0.58.

Freedom (OTCMKTS:FRHC) last issued its quarterly earnings data on Friday, August 9th. The company reported $0.14 EPS for the quarter. The company had revenue of $29.25 million for the quarter. Freedom had a return on equity of 18.68% and a net margin of 22.70%.

About Freedom (OTCMKTS:FRHC)

Freedom Holding Corp., through its subsidiaries, provides retail securities brokerage, investment research and counseling, securities trading, market making, corporate investment banking, and underwriting services. The company offers investment 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; capital raising solutions for corporate clients through initial public offerings, follow-on offerings, and private investments in public entities; and debt capital markets solutions for emerging growth and small market companies, and financial sponsors.

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