On Monday, FREYR Battery Inc. (NYSE: FREY) was -4.76% drop from the session before settling in for the closing price of $1.05. A 52-week range for FREY has been $1.04 – $6.41.
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When this article was written, the company’s average yearly earnings per share was at -54.90%. With a float of $121.40 million, this company’s outstanding shares have now reached $139.71 million.
Let’s look at the performance matrix of the company that is accounted for 263 employees. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
FREYR Battery Inc. (FREY) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward FREYR Battery Inc. stocks. The insider ownership of FREYR Battery Inc. is 13.59%, while institutional ownership is 42.58%.
FREYR Battery Inc. (FREY) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.07 earnings per share (EPS) during the time that was better than consensus figure (set at -0.31) by 0.24. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -54.90% per share during the next fiscal year.
FREYR Battery Inc. (NYSE: FREY) Trading Performance Indicators
You can see what FREYR Battery Inc. (FREY) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 6.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.64, a number that is poised to hit -0.20 in the next quarter and is forecasted to reach -0.71 in one year’s time.
Technical Analysis of FREYR Battery Inc. (FREY)
FREYR Battery Inc. (NYSE: FREY) saw its 5-day average volume 1.2 million, a negative change from its year-to-date volume of 1.66 million. As of the previous 9 days, the stock’s Stochastic %D was 5.68%. Additionally, its Average True Range was 0.10.
During the past 100 days, FREYR Battery Inc.’s (FREY) raw stochastic average was set at 1.88%, which indicates a significant decrease from 9.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.99% in the past 14 days, which was lower than the 88.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4702, while its 200-day Moving Average is $1.6904. Nevertheless, the first resistance level for the watch stands at $1.0517 in the near term. At $1.1035, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.1470. If the price goes on to break the first support level at $0.9564, it is likely to go to the next support level at $0.9129. The third support level lies at $0.8611 if the price breaches the second support level.
FREYR Battery Inc. (NYSE: FREY) Key Stats
There are 139,705K outstanding shares of the company, which has a market capitalization of 140.49 million. As of now, sales total 0 K while income totals -71,950 K. Its latest quarter income was 0 K while its last quarter net income were -26,990 K.
