A new trading day began on Monday, with FREYR Battery Inc (NYSE: FREY) stock price up 18.52% from the previous day of trading, before settling in for the closing price of $2.16. FREY’s price has ranged from $0.91 to $2.85 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged -39.71%. With a float of $121.80 million, this company’s outstanding shares have now reached $140.49 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Electrical Equipment & Parts Industry. The insider ownership of FREYR Battery Inc is 13.31%, while institutional ownership is 41.45%. The most recent insider transaction that took place on Dec 18 ’24, was worth 735,213. In this transaction Director of this company sold 391,071 shares at a rate of $1.88, taking the stock ownership to the 5,080,446 shares. Before that another transaction happened on Dec 13 ’24, when Company’s Director sold 600,000 for $1.63, making the entire transaction worth $978,000. This insider now owns 6,016,105 shares in total.
FREYR Battery Inc (FREY) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -39.71% per share during the next fiscal year.
FREYR Battery Inc (NYSE: FREY) Trading Performance Indicators
Here are FREYR Battery Inc’s current performance indicators. According to the last quarter’s results, the stock had 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 -0.13 in the next quarter and is forecasted to reach 0.09 in one year’s time.
Technical Analysis of FREYR Battery Inc (FREY)
FREYR Battery Inc (NYSE: FREY) saw its 5-day average volume 5.53 million, a positive change from its year-to-date volume of 2.13 million. As of the previous 9 days, the stock’s Stochastic %D was 69.37%. Additionally, its Average True Range was 0.26.
During the past 100 days, FREYR Battery Inc’s (FREY) raw stochastic average was set at 88.23%, which indicates a significant increase from 82.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 128.43% in the past 14 days, which was lower than the 131.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.68, while its 200-day Moving Average is $1.61. Nevertheless, the first resistance level for the watch stands at $2.83 in the near term. At $3.09, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.41. If the price goes on to break the first support level at $2.25, it is likely to go to the next support level at $1.93. Assuming the price breaks the second support level, the third support level stands at $1.67.
FREYR Battery Inc (NYSE: FREY) Key Stats
With a market capitalization of 359.66 million, the company has a total of 140,490K Shares Outstanding. Currently, annual sales are 0 K while annual income is -71,950 K. The company’s previous quarter sales were 0 K while its latest quarter income was -27,480 K.
