FRHC Stock Summary and Trading Ideas (Freedom Holding Corp. | NASDAQ:FRHC)

Freedom Holding Corp is a holding company with its subsidiary it is engaged in securities brokerage, securities dealing for customers and account, market-making activities, investment research, investment counseling, investment banking services, retail and commercial banking, insurance products, payment services, and information processing services. It acts as a professional participant through its subsidiaries on the Kazakhstan Stock Exchange (KASE), Moscow Exchange (MOEX), Saint-Petersburg Exchange (SPB), the Ukrainian Exchange, the Uzbek Republican Currency Exchange (UZCE), and the Republican Stock Exchange of Tashkent (UZSE). Its segments are Brokerage, Banking, Insurance, and Others.

Freedom Holding Corp. trades on the NASDAQ stock market under the symbol FRHC.

As of December 13, 2024, FRHC stock price climbed to $132.15 with 30,668 million shares trading.

FRHC has a beta of 0.42, meaning it tends to be less sensitive to market movements. FRHC has a correlation of 0.03 to the broad based SPY ETF.

FRHC has a market cap of $8.01 billion. This is considered a Mid Cap stock.

In the last 3 years, FRHC traded as high as $133.92 and as low as $38.17.

The top ETF exchange traded funds that FRHC belongs to (by Net Assets): VFH, ONEQ, VT, BBMC, PRFZ.

FRHC has outperformed the market in the last year with a price return of +64.2% while the SPY ETF gained +31.7%. FRHC has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +39.1% and +11.6%, respectively, while the SPY returned +8.4% and +0.9%, respectively.

FRHC support price is $126.72 and resistance is $132.24 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FRHC shares will trade within this expected range on the day.