FREYR Battery Inc. (FREY) poses a Brand-New Opportunity for Investors with beta value of 0.80

FREYR Battery Inc. (NYSE: FREY) started the day on Wednesday, with a price decrease of -5.43% at $1.22, before settling in for the price of $1.29 at the close. Taking a more long-term approach, FREY posted a 52-week range of $1.10-$7.97.

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In the past 5-years timespan, the Industrials sector firm’s annual sales growth was 0.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -54.90%. This publicly-traded company’s shares outstanding now amounts to $139.71 million, simultaneously with a float of $121.40 million. The organization now has a market capitalization sitting at $171.40 million. At the time of writing, stock’s 50-day Moving Average stood at $1.6896, while the 200-day Moving Average is $1.8062.

FREYR Battery Inc. (FREY) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Electrical Equipment & Parts Industry. FREYR Battery Inc.’s current insider ownership accounts for 13.59%, in contrast to 43.67% institutional ownership.

FREYR Battery Inc. (FREY) Earnings and Revenue Records

FREYR Battery Inc.’s EPS decrease for this current 12-month fiscal period is -54.90% and is forecasted to reach -0.71 in the upcoming year.

FREYR Battery Inc. (NYSE: FREY) Trading Performance Indicators

Let’s observe the current performance indicators for FREYR Battery Inc. (FREY). It’s Quick Ratio in the last reported quarter now stands at 6.63. The Stock has managed to achieve an average true range (ATR) of 0.14.

In the same vein, FREY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.64, a figure that is expected to reach -0.20 in the next quarter, and analysts are predicting that it will be -0.71 at the market close of one year from today.

Technical Analysis of FREYR Battery Inc. (FREY)

If we take a close look at the recent performances of FREYR Battery Inc. (NYSE: FREY), its last 5-days Average volume was 1.82 million that shows progress from its year to date volume of 1.75 million. During the previous 9 days, stock’s Stochastic %D was recorded 17.75% While, its Average True Range was 0.1426.

Raw Stochastic average of FREYR Battery Inc. (FREY) in the period of the previous 100 days is set at 6.86%, which indicates a major fall in contrast to 16.29% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 88.84% that was lower than 89.49% volatility it exhibited in the past 100-days period.