A new trading day began on Monday, with FREYR Battery Inc (NYSE: FREY) stock price down -2.42% from the previous day of trading, before settling in for the closing price of $2.89. FREY’s price has ranged from $0.91 to $3.36 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
Meanwhile, its annual earnings per share averaged -39.71%. With a float of $123.25 million, this company’s outstanding shares have now reached $140.49 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
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 12.27%, while institutional ownership is 39.60%. 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) Earnings and Forecasts
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)
Looking closely at FREYR Battery Inc (NYSE: FREY), its last 5-days average volume was 4.06 million, which is a drop from its year-to-date volume of 4.2 million. As of the previous 9 days, the stock’s Stochastic %D was 59.99%. Additionally, its Average True Range was 0.31.
During the past 100 days, FREYR Battery Inc’s (FREY) raw stochastic average was set at 77.96%, which indicates a significant increase from 70.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 138.07% in the past 14 days, which was higher than the 131.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.97, while its 200-day Moving Average is $1.67. However, in the short run, FREYR Battery Inc’s stock first resistance to watch stands at $3.03. Second resistance stands at $3.24. The third major resistance level sits at $3.48. If the price goes on to break the first support level at $2.58, it is likely to go to the next support level at $2.34. Should the price break the second support level, the third support level stands at $2.13.
FREYR Battery Inc (NYSE: FREY) Key Stats
With a market capitalization of 419.41 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.
