Freedom Financial (OTCMKTS:FDVA) Posts Quarterly Earnings Results

Freedom Financial (OTCMKTS:FDVA) issued its earnings results on Friday. The company reported $0.16 earnings per share for the quarter, Zacks reports. Freedom Financial had a net margin of 2.33% and a return on equity of 1.95%.

Freedom Financial Price Performance

OTCMKTS FDVA traded down $0.05 during mid-day trading on Friday, hitting $10.25. The stock had a trading volume of 30,293 shares, compared to its average volume of 20,158. The company has a 50 day simple moving average of $10.53 and a 200 day simple moving average of $10.47. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 1.02. The company has a market cap of $74.52 million, a price-to-earnings ratio of 46.59 and a beta of 0.65. Freedom Financial has a 52-week low of $9.66 and a 52-week high of $11.50.

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.