FREYR Battery Inc (FREY) concluded trading on Wednesday at a closing price of $1.79, with 5.78 million shares of worth about $10.35 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.87% during that period and on December 18, 2024 the price saw a gain of about 1.70%. Currently the company’s common shares owned by public are about 140.49M shares, out of which, 122.34M shares are available for trading.
Stock saw a price change of 7.83% in past 5 days and over the past one month there was a price change of -17.13%. Year-to-date (YTD), FREY shares are showing a performance of -4.28% which decreased to -1.65% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.91 but also hit the highest price of $2.85 during that period. The average intraday trading volume for FREYR Battery Inc shares is 3.25 million. The stock is currently trading -7.42% below its 20-day simple moving average (SMA20), while that difference is up 11.06% for SMA50 and it goes to 11.58% higher than SMA200.
FREYR Battery Inc (NYSE: FREY) currently have 140.49M outstanding shares and institutions hold larger chunk of about 41.45% of that.
The stock has a current market capitalization of $251.47M and its 3Y-monthly beta is at 1.04. It has posted earnings per share of -$0.77 in the same period. It has Quick Ratio of 6.36 while making debt-to-equity ratio of 0.04. 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 12.91% while standing at 10.66% over the month.
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. On October 25, 2023, TD Cowen Downgrade their recommendations, while on July 18, 2023, Goldman Downgrade their ratings for the stock with a price target of $10. Stock get an Overweight rating from Morgan Stanley on June 29, 2023.
