Freedom Financial (OTCMKTS:FDVA) Announces Quarterly Earnings Results

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

Freedom Financial Price Performance

OTCMKTS:FDVA remained flat at $12.15 during mid-day trading on Friday. The company had a trading volume of 76 shares, compared to its average volume of 895. The company has a 50-day moving average of $12.15 and a 200 day moving average of $12.11. The firm has a market capitalization of $86.34 million, a PE ratio of -173.55 and a beta of 0.08. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.90 and a quick ratio of 0.88. Freedom Financial has a 12-month low of $11.00 and a 12-month high of $12.48.

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.