Freedom (NASDAQ:FRHC) Announces Earnings Results

Freedom (NASDAQ:FRHC - Get Free Report) posted its earnings results on Monday. The company reported $1.25 earnings per share for the quarter, Zacks reports. Freedom had a return on equity of 0.38% and a net margin of 0.23%.Freedom Trading Down 0.5%FRHC traded down $0.60 during trading on Monday, hitting $122.16. The company's stock had a trading volume of 89,148 shares, compared to its average volume of 119,836. Freedom has a twelve month low of $111.85 and a twelve month high of $194.01. The stock has a market cap of $7.47 billion, a PE ratio of 2,036.00 and a beta of 0.84. The firm's 50 day moving average price is $129.11 and its 200-day moving average price is $151.06. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.16 and a quick ratio of 1.16. Institutional Inflows and OutflowsInstitutional investors and hedge funds have recently modified their holdings of the stock. CANADA LIFE ASSURANCE Co boosted its position in shares of Freedom by 8.3% in the second quarter. CANADA LIFE ASSURANCE Co now owns 7,742 shares of the company's stock worth $1,133,000 after acquiring an additional 592 shares during the last quarter. Swiss National Bank raised its stake in Freedom by 2.6% during the third quarter. Swiss National Bank now owns 35,600 shares of the company's stock worth $6,128,000 after purchasing an additional 900 shares during the period. California State Teachers Retirement System raised its stake in Freedom by 6.7% during the second quarter. California State Teachers Retirement System now owns 17,625 shares of the company's stock worth $2,574,000 after purchasing an additional 1,113 shares during the period. Creative Planning acquired a new position in shares of Freedom in the 3rd quarter valued at $224,000. Finally, Vestcor Inc purchased a new stake in shares of Freedom during the 3rd quarter valued at $258,000. Institutional investors and hedge funds own 1.26% of the company's stock. Wall Street Analysts Forecast GrowthFRHC has been the topic of a number of research reports. Loop Capital set a $59.00 price objective on shares of Freedom in a research note on Thursday, January 22nd. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Freedom in a report on Monday, December 29th. Finally, Wall Street Zen raised shares of Freedom from a "sell" rating to a "hold" rating in a research note on Saturday, January 17th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Freedom presently has a consensus rating of "Sell" and an average target price of $59.00.Read Our Latest Research Report on FreedomAbout Freedom (Get Free Report)Freedom Holding Corp NASDAQ: FRHC is a diversified financial services holding company that provides a broad range of brokerage, trading, investment banking, and asset management services. Through its subsidiaries, the company caters to retail, institutional, and corporate clients by offering access to global capital markets, equity and fixed-income trading, and research-driven investment strategies. The firm's product suite includes online and over-the-counter brokerage platforms, margin lending, securities underwriting, and M&A advisory services.Read MoreFive stocks we like better than FreedomNEW LAW: Congress Approves Setup For Digital Dollar?Your Bank Account Is No Longer SafeThe day the gold market brokeWhat a Former CIA Agent Knows About the Coming CollapsePunch these codes into your ordinary brokerage accountThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Freedom Right Now?Before you consider Freedom, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Freedom wasn't on the list.While Freedom currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here