Freedom Holding Corp (NASDAQ: FRHC) Emerges As Guiding Light For Investors

Freedom Holding Corp (NASDAQ:FRHC) currently has a daily average trading volume of 86.03K but it saw 100643 shares traded in last market. With a market cap of 8.07B USD, the company’s current market price of $133.20 came rising about 1.68 while comparing to the previous closing price of $131.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $135.23 and as low as $64.00. In the recent trading on the day, stock has struck highest price mark of $130.17 while lowest mark touched by it was $133.43.

Taking a look at 20-day trading activity of Freedom Holding Corp (FRHC) gives us an average price of $130.73, while its current price level is -1.50% below from 52-week high level whereas it is 108.12% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $121.78 while that of 200 days or SMA-200 reads an average of $92.15. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.73% during that period while stretching the period over a month that increases to 3.05%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 61.95 which implies that the stock is in neutral territory.

Over the week, FRHC’s stock price is moving 1.92% up while it is 5.29% when we observe its performance for the past one month. Year-to-date it is 1.92% up and over the past year, the stock is showing an upside performance of 65.32%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Freedom Holding Corp’s total number of outstanding shares is 60.56M. Company’s return on investment (ROI) stands at 21.80% and return on equity (ROE) at 31.38%. It has a price to earnings ratio (P/E ratio) of 23.47. Stock’s beta reads 1.01. Stock has a price to book (P/B) ratio of 6.40 while price to sale or P/S ratio amounts to 4.28. Its return on asset (ROA) is 4.27% on average.