Is Freedom Holding Corp (FRHC) Stock About to Get Hot Thursday?

Freedom Holding Corp (FRHC) stock is down 10.42% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Freedom Holding Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on FRHC!

See Full FRHC Report

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With FRHC Stock Today?

Freedom Holding Corp (FRHC) stock is trading at $69.24 as of 2:42 PM on Thursday, Aug 17, a drop of -$0.63, or -0.9% from the previous closing price of $69.87. Volume today is 190,517 compared to average volume of 196,199. The stock has traded between $68.80 and $71.05 so far today.

More About Freedom Holding Corp

Freedom Holding Corp is engaged in a broad range of activities in the securities industry, including retail securities brokerage, research, investment counseling, securities trading, market making, corporate investment banking and underwriting services in Central Asia. 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, and the Republican Stock Exchange of Tashkent (UZSE). Click Here to get the full Stock Report for Freedom Holding Corp stock.