Freedom Holding Corp (FRHC) saw an uptrend of 2.72% in the recent trading with $143.33 being its most recent. The current price level -22.52% lower than the highest price of $185.00 marked by the stock while trading over the past 52-weeks, whereas it is 93.25% higher than the lowest price of $74.17 the company dropped to over past 52-weeks. The latest news story on FRHC appeared in (TechCrunch) under the title “Road to Battlefield: Central Eurasias gateway to TechCrunch Startup Battlefield” on Jul-01-25.
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of N/A for the stock.
Freedom Holding Corp Earnings – What Happened With FRHC
Coming around sales and income figures on FRHC Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Freedom Holding Corp – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 60.99 million. FRHC does have institutional investors; and they hold 2.00% of the stock.
As on 2024-06-30, BLACKROCK INC. was the top most holder in Freedom Holding Corp (NASDAQ:FRHC) with an ownership of 65370.0 shares of the company or 0.1086 of the stake worth $4.93 million. The filing also reveals VANGUARD GROUP INC as the second largest holder in the company with a control over 0.0955 of the outstanding shares. Its stake is worth $4.33 million for having 57477.0 shares in hand.
GEODE CAPITAL MANAGEMENT, LLC also came holding a key position in the company during the recent quarter and it now holds 0.0873 of the outstanding shares. With this there are now 131.0 institutions which have possession in FRHC’s shares.
Key Metrics forFRHC
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Freedom Holding Corp has a debt to equity ratio of 1.61.
Technical Analysis of Freedom Holding Corp (NASDAQ:FRHC) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Freedom Holding Corp (FRHC), we notice that the stock’s 20-day average volume is at 232,080 shares. Medium term indicators at an average of 50% are spotting the stock at Buy with its 50-day average volume of 162,832 shares. And to end, FRHC’s 100-day average volume is 123,213 shares with 50% of the long-term indicators pointing towards Buy for the stock.
