Freedom (FRHC) Rating Lowered to Hold at ValuEngine
ValuEngine downgraded shares of Freedom (OTCMKTS:FRHC) from a buy rating to a hold rating in a research report report published on Friday.
Shares of Freedom stock traded up $0.22 during midday trading on Friday, hitting $8.45. The company’s stock had a trading volume of 12,665 shares, compared to its average volume of 9,652. The stock has a market cap of $490.38 million, a PE ratio of 15.94 and a beta of -1.62. The company has a quick ratio of 3.12, a current ratio of 3.12 and a debt-to-equity ratio of 1.02. Freedom has a 1-year low of $2.50 and a 1-year high of $8.80.
Freedom (OTCMKTS:FRHC) last issued its earnings results on Tuesday, August 14th. The company reported ($0.12) EPS for the quarter. The firm had revenue of $7.40 million during the quarter.
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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To view ValuEngine’s full report, visit ValuEngine’s official website.
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