Freedom Holding Corp (OTCMKTS:FRHC)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $12.90 and last traded at $12.50, with a volume of 20611 shares. The stock had previously closed at $11.69.
Separately, ValuEngine raised Freedom from a “sell” rating to a “hold” rating in a research report on Thursday, August 8th.
The company has a 50-day moving average price of $11.86 and a 200-day moving average price of $10.12. The firm has a market capitalization of $726.30 million, a price-to-earnings ratio of 32.54 and a beta of -0.19. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.71 and a current ratio of 1.71.
Freedom Holding Corp., through its subsidiaries, provides retail securities brokerage, investment research and counseling, securities trading, market making, corporate investment banking, and underwriting services. The company offers investment 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; capital raising solutions for corporate clients through initial public offerings, follow-on offerings, and private investments in public entities; and debt capital markets solutions for emerging growth and small market companies, and financial sponsors.
Further Reading: Neutral Rating
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