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Freedom Holding Corp Market Cap Reaches $4B

On July 6, Freedom Holding Corp. stock traded on the NASDAQ as FRHC made its new its all-time high: the price closed at $67.46 per share, while the stock touched $68.80 during the trading day.

With this stock price and the current offering size, Freedom Holding Corp. is worth more than $4.01B, which is also a new record high. On May 27, 2020, the holding's market cap was at $1B, so it increased by over 400% in a bit more than a year. Meanwhile, over the last 12 months, FRHC stock price rose by 247%; since early 2021, it gained 31.50%.

On June 29, Forbes Quant Trader, an investment system, issued a buy alert for Freedom Holding Corp stock, projecting a yield of +22.10% within the next six months. In May this year, Sidoti & Company, an independent research agency, started analyzing FRHC and set its target price at $76 per share.