Freedom Holding Corp. (NASDAQ:FRHC – Get Free Report) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totalling 598,600 shares, a decrease of 5.1% from the August 15th total of 631,100 shares. Currently, 3.4% of the shares of the stock are sold short. Based on an average daily volume of 95,000 shares, the days-to-cover ratio is presently 6.3 days.
Freedom Stock Up 1.3 %
Shares of NASDAQ:FRHC opened at $95.69 on Wednesday. The firm has a fifty day moving average price of $86.78 and a two-hundred day moving average price of $77.84. The company has a market cap of $5.80 billion, a price-to-earnings ratio of 15.16 and a beta of 1.04. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.20 and a quick ratio of 1.20. Freedom has a one year low of $64.00 and a one year high of $97.87.
Freedom (NASDAQ:FRHC – Get Free Report) last posted its quarterly earnings data on Friday, August 9th. The company reported $0.57 earnings per share (EPS) for the quarter. Freedom had a return on equity of 32.00% and a net margin of 19.32%. The company had revenue of $450.72 million during the quarter.
Institutional Inflows and Outflows
Freedom Company Profile
Freedom Holding Corp., through its subsidiaries, provides retail securities brokerage, research, investment counseling, securities trading, market making, retail banking, corporate investment banking, and underwriting services. It offers retail 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; margin lending services collateralized by securities and cash in the customer's account; various investment education and training courses; investment research services; and commercial banking services, including payment cards, digital mortgages, and digital business and digital auto loans, as well as Freedom Box, a package of payment acquiring services.
Read More
- Five stocks we like better than Freedom
- Insider Trades May Not Tell You What You Think
- Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion?
- Dividend Capture Strategy: What You Need to Know
- Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge
- Top Stocks Investing in 5G Technology
- Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker
Receive News & Ratings for Freedom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Freedom and related companies with MarketBeat.com's FREE daily email newsletter.