FREYR Battery Inc (NYSE: FREY) on Tuesday, plunged -4.10% from the previous trading day, before settling in for the closing price of $1.95. 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.
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
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) 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
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)
The latest stats from [FREYR Battery Inc, FREY] show that its last 5-days average volume of 1.79 million was inferior to 2.55 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 5.66%. Additionally, its Average True Range was 0.24.
During the past 100 days, FREYR Battery Inc’s (FREY) raw stochastic average was set at 39.17%, which indicates a significant increase from 3.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.89% in the past 14 days, which was lower than the 132.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.2126, while its 200-day Moving Average is $1.6992. Now, the first resistance to watch is $1.9633. This is followed by the second major resistance level at $2.0567. The third major resistance level sits at $2.1233. If the price goes on to break the first support level at $1.8033, it is likely to go to the next support level at $1.7367. Assuming the price breaks the second support level, the third support level stands at $1.6433.
FREYR Battery Inc (NYSE: FREY) Key Stats
Market capitalization of the company is 262.72 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.
