Freedom Financial (OTCMKTS:FDVA) Releases Quarterly Earnings Results, Misses Expectations By $0.07 EPS

Freedom Financial (OTCMKTS:FDVA) released its earnings results on Friday. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.07), Zacks reports. Freedom Financial had a negative net margin of 0.78% and a negative return on equity of 0.57%.

Freedom Financial Price Performance

FDVA stock opened at $12.15 on Friday. The company’s 50 day moving average price is $12.15 and its 200 day moving average price is $12.11. The firm has a market capitalization of $86.39 million, a price-to-earnings ratio of -173.55 and a beta of 0.08. Freedom Financial has a fifty-two week low of $11.00 and a fifty-two week high of $12.48. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.88 and a current ratio of 0.90.

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. It also provides business term, personal, and mortgage loans; commercial lines of credit; commercial real estate mortgage and small business lending services; home equity lines; and credit cards.