For the readers interested in the stock health of Freedom Holding Corp. (FRHC). It is currently valued at $51.14. When the transactions were called off in the previous session, Stock hit the highs of $51.84, after setting-off with the price of $49.90. Company’s stock value dipped to $49.58 during the trading on the day. When the trading was stopped its value was $49.83.
Recently in News on January 6, 2021, Freedom Holding Corp. Completes Acquisition of Prime Executions, Inc.. Freedom Holding Corp. (NASDAQ:FRHC) (the “Company”) today announced the successful completion of its acquisition of Prime Executions, Inc., (“Prime”) a broker dealer registered with the U.S. Securities and Exchange Commission and member of the New York Stock Exchange (“NYSE”), where it acts as an agency only broker dealer operating from the floor of the NYSE. The acquisition marks the Company’s initial entry into the U.S. markets. You can read further details here
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Freedom Holding Corp. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $52.44 on 01/04/21, with the lowest value was $47.16 for the same time period, recorded on 01/04/21.
Freedom Holding Corp. (FRHC) full year performance was 253.91%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Freedom Holding Corp. shares are logging -5.03% during the 52-week period from high price, and 354.58% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $11.25 and $53.85.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 843770 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Freedom Holding Corp. (FRHC) recorded performance in the market was -0.33%, having the revenues showcasing 100.79% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 3.01B, as it employees total of 1376 workers.
Freedom Holding Corp. (FRHC) in the eye of market guru’s
During the last month, 1 analysts gave the Freedom Holding Corp. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 31.73, with a change in the price was noted +30.37. In a similar fashion, Freedom Holding Corp. posted a movement of +146.22% for the period of last 100 days, recording 513,645 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for FRHC is recording 1.40 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.37.
Freedom Holding Corp. (FRHC): Stocks Technical analysis and Trends
Raw Stochastic average of Freedom Holding Corp. in the period of last 50 days is set at 90.02%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 79.55%. In the last 20 days, the company’s Stochastic %K was 73.33% and its Stochastic %D was recorded 75.38%.
If we look into the earlier routines of Freedom Holding Corp., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -0.33%. Additionally, trading for the stock in the period of the last six months notably improved by 165.52%, alongside a boost of 253.91% for the period of the last 12 months. The shares increased approximately by -0.80% in the 7-day charts and went down by 20.50% in the period of the last 30 days. Common stock shares were driven by 100.79% during last recorded quarter.