FREYR Battery Inc. (FREY) concluded trading on Thursday at a closing price of $1.78, with 3.04 million shares of worth about $5.41 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -76.61% during that period and on Thursday the price saw a gain of about 14.84%. Currently the company’s common shares owned by public are about 139.71M shares, out of which, 121.69M shares are available for trading.
However, the stock later moved at a day high price of 1.7800, or with a gain of 14.84%. Stock saw a price change of 29.93% in past 5 days and over the past one month there was a price change of 1.71%. Year-to-date (YTD), FREY shares are showing a performance of -4.81% which decreased to -80.55% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.21 but also hit the highest price of $10.10 during that period. The average intraday trading volume for FREYR Battery Inc. shares is 3.47 million. The stock is currently trading 26.20% above its 20-day simple moving average (SMA20), while that difference is up 6.32% for SMA50 and it goes to -64.98% lower than SMA200.
FREYR Battery Inc. (NYSE: FREY) currently have 139.71M outstanding shares and institutions hold larger chunk of about 36.69% of that.
The stock has a current market capitalization of $248.68M and its 3Y-monthly beta is at 0.68. It has posted earnings per share of -$0.14 in the same period. It has Quick Ratio of 7.05 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FREY, volatility over the week remained 12.19% while standing at 9.48% over the month.
Analysts are in expectations that FREYR Battery Inc. (FREY) stock would likely to be making an EPS of $Fidelity MSCI Real Estate Index in the current quarter, while forecast for next quarter EPS is $25.42 and it is $ETF for next year. For the current quarter EPS, analysts have given the company a lowest target $Whole Earth Brands, Inc. which is $Fresh2 Group Limited at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $Alger Mid Cap 40 ETF in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 4.88% while it is estimated to decrease by -41.38% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on November 14, 2023 offering an Equal-weight rating for the stock and assigned a target price range of between $13 and $2 to it.