(FRHC) Freedom Holding - Ratings and Ratios

Freedom Holding Corp. is a multifaceted financial services provider operating through its subsidiaries, offering a broad range of services including securities brokerage, dealing, market making, investment research, counseling, and banking. The companys extensive service portfolio caters to diverse client needs, from retail brokerage services for various financial instruments to sophisticated investment banking solutions for corporate clients.

The companys business model is built around providing comprehensive financial solutions, including retail brokerage services for exchange-traded and over-the-counter securities, money market instruments, and futures contracts. It also offers underwriting services, margin lending, investment education, and research services. Furthermore, Freedom Holding Corp. provides commercial banking services, such as payment cards, digital mortgages, and loans, as well as specialized services like Freedom Box, a payment acquiring service package.

Freedom Holding Corp.s corporate services include capital raising through initial public offerings (IPOs) and follow-on offerings, as well as debt capital markets solutions for various purposes, such as buyouts, acquisitions, and growth capital financings. The company engages in proprietary trading activities, including repurchase and reverse repurchase agreements, and provides insurance products. Its Tradernet software platform serves as a tool for clients to evaluate margin risk and manage security transfer requests.

With a global presence spanning Central Asia, Eastern Europe, the United States, Russia, the Middle East, and Caucasus, Freedom Holding Corp. has established itself as a significant player in the international financial services landscape. The companys history dates back to 1981, initially incorporated as BMB Munai, Inc. before changing its name to Freedom Holding Corp. and is headquartered in New York, New York.

Analyzing the provided technical data, the stocks last price is $155.93, with its 20-day SMA at $165.66, 50-day SMA at $147.19, and 200-day SMA at $126.97. The ATR stands at 6.20, indicating a volatility of 3.98%. The stock has reached a 52-week high of $183.07 and a low of $73.72. Given these indicators, the stock is currently below its short-term moving averages, suggesting a potential bearish trend in the short term but remains above its long-term average, indicating an overall bullish trend.

From a fundamental perspective, Freedom Holding Corp. has a market capitalization of $10.056 billion USD, with a P/E ratio of 30.89 and a forward P/E of 12.29, suggesting potential for growth as the forward P/E is significantly lower than the current P/E. The Return on Equity (RoE) stands at 26.70%, indicating the company is generating substantial returns for its shareholders.

Forecasting the stocks performance based on the technical and fundamental data, the indicators suggest a potential for the stock to move towards its 20-day SMA of $165.66 in the short term, given its current price is below this average. However, the significant difference between the 52-week high and low suggests high volatility, and the ATR supports this with a 3.98% volatility indicator. The fundamental data, including a reasonable P/E forward ratio and a high RoE, supports a positive outlook for the companys future performance. Thus, it is plausible that the stock could see an upward trend if it can break through the resistance levels around its 20-day SMA, driven by the companys strong financial performance and growth potential.