Freedom Financial (OTCMKTS:FDVA) Trading Up 2.1% – Should You Buy?

Freedom Financial Holdings, Inc. (OTCMKTS:FDVA) shot up 2.1% during mid-day trading on Friday . The company traded as high as $12.25 and last traded at $12.25. 948 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 7,784 shares. The stock had previously closed at $12.00.

Freedom Financial Stock Performance

The firm has a market capitalization of $86.98 million, a PE ratio of 17.25 and a beta of 0.09. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.91 and a quick ratio of 0.90. The firm has a fifty day moving average price of $12.10 and a 200 day moving average price of $11.75.

Freedom Financial Company Profile

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.