FREYR Battery Inc. (NYSE: FREY) Drops -497.63% From Highs, What Happens Next?

FREYR Battery Inc. (NYSE:FREY)’s traded shares stood at 1.04 million during the last session, with the company’s beta value hitting 0.68. At the close of trading, the stock’s price was $1.69, to imply a decrease of -2.87% or -$0.05 in intraday trading. The FREY share’s 52-week high remains $10.10, putting it -497.63% down since that peak but still an impressive 28.4% since price per share fell to its 52-week low of $1.21. The company has a valuation of $236.11M, with an average of 1.64 million shares over the past 3 months.

FREYR Battery Inc. (NYSE:FREY) trade information

After registering a -2.87% downside in the last session, FREYR Battery Inc. (FREY) has traded red over the past five days. The stock hit a weekly high of 2.0700, dropping -2.87% in its intraday price action. The 5-day price performance for the stock is -15.92%, and 19.01% over 30 days. With these gigs, the year-to-date price performance is -9.63%.

FREYR Battery Inc. (FREY) estimates and forecasts

Looking at statistics comparing FREYR Battery Inc. share performance against respective industry, we note that the company has underperformed competitors. FREYR Battery Inc. (FREY) shares are -55.87% down over the last 6 months, with its year-to-date growth rate lower than industry average at -47.14% against 9.20%.

FREY Dividends

FREYR Battery Inc. has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. FREYR Battery Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.