In the last trading session, 1.13 million shares of the FREYR Battery Inc. (NYSE:FREY) were traded, and its beta was 0.71. Most recently the company’s share price was $0.97, and it changed around -$0.06 or -6.30% from the last close, which brings the market valuation of the company to $135.59M. FREY currently trades at a discount to its 52-week high of $4.61, offering almost -375.26% off that amount. The share price’s 52-week low was $0.91, which indicates that the current value has risen by an impressive 6.19% since then. We note from FREYR Battery Inc.’s average daily trading volume that its 10-day average is 1.63 million shares, with the 3-month average coming to 1.31 million.
FREYR Battery Inc. stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended FREY as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. FREYR Battery Inc. is expected to report earnings per share of -0.18 for the current quarter.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
FREYR Battery Inc. (NYSE:FREY) trade information
Instantly FREY has showed a red trend with a performance of -6.30% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.0400 on recent trading dayincreased the stock’s daily price by 6.73%. The company’s shares are currently down -48.39% year-to-date, but still down -0.34% over the last five days. On the other hand, FREYR Battery Inc. (NYSE:FREY) is -3.49% down in the 30-day period. We can see from the shorts that 13.0 million shares have been sold at a short interest cover period of 13.67 day(s).
The consensus price target as assigned by Wall Street analysts is $19, which translates to bulls needing to increase their stock price by 94.89% from its current value. Analyst projections state that FREY is forecast to be at a low of $13 and a high of $25.
FREYR Battery Inc. (FREY) estimates and forecasts
Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -157.10% in revenue this quarter, and will report a decrease of -5.90% in the next quarter.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 160k in revenue for the current quarter. 2 analysts expect FREYR Battery Inc. to make 450k in revenue for the current ending quarter.
FREY Dividends
FREYR Battery Inc.’s next quarterly earnings report is expected to be released in November.
