On Monday, FREYR Battery Inc (NYSE: FREY) opened higher 5.07% from the last session, before settling in for the closing price of $0.98. Price fluctuations for FREY have ranged from $0.91 to $3.73 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Company’s average yearly earnings per share was noted -45.10% at the time writing. With a float of $121.50 million, this company’s outstanding shares have now reached $139.71 million.
The extent of productivity of a business whose workforce counts for 263 workers is very important to gauge. 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 Updates
A key investor’s attitude towards the stock of the Electrical Equipment & Parts industry is another important factor to consider. The insider ownership of FREYR Battery Inc is 13.51%, while institutional ownership is 42.52%.
FREYR Battery Inc (FREY) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.07 earnings per share (EPS) for the quarter, besting the agreed prediction (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 -45.10% per share during the next fiscal year.
FREYR Battery Inc (NYSE: FREY) Trading Performance Indicators
Check out the current performance indicators for FREYR Battery Inc (FREY). In the past 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 -0.17 in the next quarter and is forecasted to reach -0.63 in one year’s time.
Technical Analysis of FREYR Battery Inc (FREY)
The latest stats from [FREYR Battery Inc, FREY] show that its last 5-days average volume of 1.07 million was inferior to 1.62 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 14.59%. Additionally, its Average True Range was 0.07.
During the past 100 days, FREYR Battery Inc’s (FREY) raw stochastic average was set at 10.68%, which indicates a significant decrease from 27.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.45% in the past 14 days, which was lower than the 73.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0511, while its 200-day Moving Average is $1.5411. Now, the first resistance to watch is $1.0400. This is followed by the second major resistance level at $1.0500. The third major resistance level sits at $1.0700. If the price goes on to break the first support level at $1.0100, it is likely to go to the next support level at $0.9900. Assuming the price breaks the second support level, the third support level stands at $0.9800.
FREYR Battery Inc (NYSE: FREY) Key Stats
There are currently 140,490K shares outstanding in the company with a market cap of 146.24 million. Presently, the company’s annual sales total 0 K according to its annual income of -71,950 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -26,990 K.
