FREYR Battery Inc (NYSE: FREY) on Tuesday, plunged -8.03% from the previous trading day, before settling in for the closing price of $2.49. Within the past 52 weeks, FREY’s price has moved between $0.91 and $3.36.
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The company achieved an average annual earnings per share of -39.71%. With a float of $106.98 million, this company’s outstanding shares have now reached $140.49 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
Observing investor behavior towards Electrical Equipment & Parts industry stocks is more important than anything else. The insider ownership of FREYR Battery Inc is 23.85%, while institutional ownership is 38.29%. 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) Recent Fiscal highlights
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
FREYR Battery Inc (FREY) is currently performing well based on its current performance indicators. A quick ratio of 6.36 was reported for the most recent quarter.
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)
Compared to the last year’s volume of 2.87 million, its volume of 2.18 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 32.98%. Additionally, its Average True Range was 0.27.
During the past 100 days, FREYR Battery Inc’s (FREY) raw stochastic average was set at 56.32%, which indicates a significant increase from 18.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 89.93% in the past 14 days, which was lower than the 132.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.22, while its 200-day Moving Average is $1.70. Nevertheless, the first resistance level for the watch stands at $2.43 in the near term. At $2.58, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.66. If the price goes on to break the first support level at $2.20, it is likely to go to the next support level at $2.12. Now, if the price goes above the second support level, the third support stands at $1.97.
FREYR Battery Inc (NYSE: FREY) Key Stats
Market capitalization of the company is 321.72 million based on 140,490K outstanding shares. Right now, sales total 0 K and income totals -71,950 K. The company made 0 K in profit during its latest quarter, and -27,480 K in sales during its previous quarter.
