On Tuesday, FREYR Battery Inc (NYSE: FREY) opened higher 5.56% from the last session, before settling in for the closing price of $2.16. Price fluctuations for FREY have ranged from $0.91 to $2.85 over the past 52 weeks.
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Company’s average yearly earnings per share was noted -45.10% at the time writing. With a float of $121.38 million, this company’s outstanding shares have now reached $139.71 million.
Considering the fact that the conglomerate employs 263 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
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 13.60%, while institutional ownership is 41.45%. The most recent insider transaction that took place on Nov 08 ’24, was worth 249,446. In this transaction Chief Financial Officer of this company bought 130,600 shares at a rate of $1.91, taking the stock ownership to the 130,600 shares.
FREYR Battery Inc (FREY) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.19 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.23) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.16 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 6.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.77, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach -0.63 in one year’s time.
Technical Analysis of FREYR Battery Inc (FREY)
Compared to the last year’s volume of 2.02 million, its volume of 3.87 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 76.65%. Additionally, its Average True Range was 0.22.
During the past 100 days, FREYR Battery Inc’s (FREY) raw stochastic average was set at 89.83%, which indicates a significant increase from 89.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 253.33% in the past 14 days, which was higher than the 123.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.25, while its 200-day Moving Average is $1.58. Nevertheless, the first resistance level for the watch stands at $2.42 in the near term. At $2.55, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.71. If the price goes on to break the first support level at $2.13, it is likely to go to the next support level at $1.97. Now, if the price goes above the second support level, the third support stands at $1.84.
FREYR Battery Inc (NYSE: FREY) Key Stats
There are currently 140,490K shares outstanding in the company with a market cap of 320.32 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 -27,480 K.
