Does FREYR Battery Inc. (NYSE:FREY) Look Expensive At $1.86? Here’s How To Know.

In recent trading session, FREYR Battery Inc. (NYSE:FREY) saw 0.5 million shares changing hands at last check today with its beta currently measuring 0.69. Company’s recent per share price level of $1.86 trading at $0.08 or 4.49% at last check today assigns it a market valuation of $259.86M. That most recent trading price of FREY’s stock is at a discount of -443.01% from its 52-week high price of $10.10 and is indicating a premium of 34.95% from its 52-week low price of $1.21. Taking a look at company’s average trading volume of 1.57 million if we extend that period to 3-months.

FREYR Battery Inc. (NYSE:FREY) trade information

Upright in the green today for gaining 4.49%, in the last five days FREY remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $1.86 price level, adding 1.06% to its value on the day. FREYR Battery Inc.’s shares saw a change of -0.53% in year-to-date performance and have moved 11.38% in past 5-day. FREYR Battery Inc. (NYSE:FREY) showed a performance of -2.62% in past 30-days.

FREYR Battery Inc. (FREY) estimates and forecasts

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 100k for the same. And 1 analysts are in estimates of company making revenue of 200k in the next quarter.

FREY Dividends

FREYR Battery Inc. is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.