Freedom Financial (OTCMKTS:FDVA) Issues Earnings Results

Freedom Financial (OTCMKTS:FDVA) issued its quarterly earnings data on Thursday. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.05, Zacks reports. Freedom Financial had a net margin of 0.59% and a return on equity of 0.44%.

Freedom Financial Price Performance

Freedom Financial stock remained flat at $12.20 during mid-day trading on Thursday. 2,800 shares of the company’s stock were exchanged, compared to its average volume of 6,420. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.88 and a quick ratio of 0.87. The stock’s 50-day moving average price is $11.99 and its 200 day moving average price is $11.83. The stock has a market capitalization of $86.23 million, a price-to-earnings ratio of 244.05 and a beta of 0.08. Freedom Financial has a fifty-two week low of $10.10 and a fifty-two week high of $12.48.

About Freedom Financial

Freedom Financial Holdings, Inc operates as the bank holding company for The Freedom Bank of Virginia that provides commercial banking, personal banking, and mortgage banking solutions. The company offers personal and business checking accounts, interest bearing business savings accounts, money market accounts, personal savings accounts, certificates of deposits, and IRAs, as well as insured cash sweep and certificate of deposit account registry services. It also provides business term, personal, and mortgage loans; commercial lines of credit; commercial real estate mortgage and small business lending services; home equity lines; and credit cards.