Freedom Holding Corp (NASDAQ: FRHC) has a price-to-earnings ratio of 20.67x that is above its average ratio. Additionally, the 36-month beta value for FRHC is 1.03. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for FRHC is 17.74M and currently, short sellers hold a 2.65% ratio of that float. The average trading volume of FRHC on November 22, 2024 was 81.65K shares.
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FRHC) stock’s latest price update
Freedom Holding Corp (NASDAQ: FRHC) has seen a decline in its stock price by -4.41 in relation to its previous close of 122.71. However, the company has experienced a 0.62% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-20 that Inflation erodes purchasing power, making investing in high-quality dividend growth stocks essential to protect and build wealth over time. Despite market risks, long-term investing in proven dividend payers with strong growth potential turns volatility into an advantage. Avoid speculative stocks; focus on dividend growth stocks to secure reliable income and minimize the need for portfolio restructuring in retirement.
FRHC’s Market Performance
Freedom Holding Corp (FRHC) has seen a 0.62% rise in stock performance for the week, with a 10.90% gain in the past month and a 25.12% surge in the past quarter. The volatility ratio for the week is 3.33%, and the volatility levels for the past 30 days are at 2.66% for FRHC. The simple moving average for the last 20 days is 4.06% for FRHC stock, with a simple moving average of 39.25% for the last 200 days.
FRHC Trading at 12.42% from the 50-Day Moving Average
After a stumble in the market that brought FRHC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.41% of loss for the given period.
Volatility was left at 2.66%, however, over the last 30 days, the volatility rate increased by 3.33%, as shares surge +10.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.50% upper at present.
During the last 5 trading sessions, FRHC rose by +0.62%, which changed the moving average for the period of 200-days by +45.12% in comparison to the 20-day moving average, which settled at $112.73. In addition, Freedom Holding Corp saw 45.53% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FRHC starting from Yerdessov Azamat, who sale 7,521 shares at the price of $116.52 back on Nov 18 ’24. After this action, Yerdessov Azamat now owns 90,817 shares of Freedom Holding Corp, valued at $876,347 using the latest closing price.
Yerdessov Azamat, the Freedom Life Chief Exec. Ofc. of Freedom Holding Corp, sale 2,317 shares at $116.84 during a trade that took place back on Nov 19 ’24, which means that Yerdessov Azamat is holding 88,500 shares at $270,718 based on the most recent closing price.
Stock Fundamentals for FRHC
Current profitability levels for the company are sitting at:
- 0.27 for the present operating margin
- 0.68 for the gross margin
The net margin for Freedom Holding Corp stands at 0.19. The total capital return value is set at 0.06. Equity return is now at value 31.38, with 4.27 for asset returns.
Currently, EBITDA for the company is 865.11 million with net debt to EBITDA at 3.57. When we switch over and look at the enterprise to sales, we see a ratio of 5.17. The receivables turnover for the company is 1.11for trailing twelve months and the total asset turnover is 0.21.
Conclusion
In conclusion, Freedom Holding Corp (FRHC) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
