FREYR Battery Inc. (NYSE: FREY) Have Dipped -45.99% YTD, Predicting What Happens Next In

FREYR Battery Inc. (NYSE:FREY)’s traded shares stood at 11.3 million during the last session, with the company’s beta value hitting 0.72.The FREY share’s 52-week high remains $3.73, putting it -269.31% down since that peak but still an impressive 9.9% since price per share fell to its 52-week low of $0.91. The company has a valuation of $141.89M, with an average of 1.77 million shares in intraday trading volume over the past 10 days and average of 1.19 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for FREYR Battery Inc. (FREY), translating to a mean rating of 3.00. Of 3 analyst(s) looking at the stock, 0 analyst(s) give FREY a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.18.

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FREYR Battery Inc. (NYSE:FREY) trade information

The 5-day price performance for the stock is -0.98%, and 0.00% over 30 days. With these gigs, the year-to-date price performance is -45.99%. Short interest in FREYR Battery Inc. (NYSE:FREY) saw shorts transact 11.79 million shares and set a 8.69 days time to cover.

The extremes give us $13 and $25 for target low and target high price respectively. As such, FREY has been trading -2375.25% off suggested target high and -1187.13% from its likely low.

FREYR Battery Inc. (FREY) estimates and forecasts

Revenue is forecast to shrink -157.10% this quarter before falling -5.90% for the next one.

Revenue forecast for the current quarter as set by 2 analysts is 160k. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 450k.

FREY Dividends

FREYR Battery Inc. has its next earnings report out on 2024-Nov-09. 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.