FREYR Battery Inc (FREY) concluded trading on Thursday at a closing price of $2.73, with 4.19 million shares of worth about $11.45 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 66.46% during that period and on Thursday the price saw a gain of about 5.81%. Currently the company’s common shares owned by public are about 140.49M shares, out of which, 123.33M shares are available for trading.
Stock saw a price change of -8.39% in past 5 days and over the past one month there was a price change of 33.82%. Year-to-date (YTD), FREY shares are showing a performance of 5.81% which increased to 43.68% 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 $3.36 during that period. The average intraday trading volume for FREYR Battery Inc shares is 3.79 million. The stock is currently trading 28.53% above its 20-day simple moving average (SMA20), while that difference is up 43.71% for SMA50 and it goes to 65.28% higher than SMA200.
FREYR Battery Inc (NYSE: FREY) currently have 140.49M outstanding shares and institutions hold larger chunk of about 39.60% of that.
The stock has a current market capitalization of $383.54M and its 3Y-monthly beta is at 0.97. 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 12.95% while standing at 12.91% over the month.
Stock’s fiscal year EPS is expected to drop by -39.71% while it is estimated to increase by 112.14% 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 BTIG Research on December 20, 2024 offering a Buy rating for the stock and assigned a target price of $4 to it. Coverage by Morgan Stanley stated FREYR Battery Inc (FREY) stock as an Equal-weight in their note to investors on November 14, 2023, suggesting a price target of $2 for the stock. On November 10, 2023, BTIG Research Downgrade their recommendations, while on October 25, 2023, TD Cowen Downgrade their ratings for the stock with a price target of $7. Stock get a Neutral rating from Goldman on July 18, 2023.
