Short Term Estimates And Forecasts For FREYR Battery Inc (FREY)

FREYR Battery Inc (NYSE:FREY) has a beta value of 0.71 and has seen 1.08 million shares traded in the last trading session. The company, currently valued at $147.52M, closed the last trade at $1.05 per share which meant it gained $0.02 on the day or 1.94% during that session. The FREY stock price is -252.38% off its 52-week high price of $3.70 and 13.33% above the 52-week low of $0.91. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.22 million shares traded. The 3-month trading volume is 1.35 million shares.

The consensus among analysts is that FREYR Battery Inc (FREY) is Buy stock at the moment, with a recommendation rating of 3.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.18.

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FREYR Battery Inc (NYSE:FREY) trade information

Sporting 1.94% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the FREY stock price touched $1.05 or saw a rise of 0.94%. Year-to-date, FREYR Battery Inc shares have moved -43.85%, while the 5-day performance has seen it change 2.94%. Over the past 30 days, the shares of FREYR Battery Inc (NYSE:FREY) have changed 1.94%. Short interest in the company has seen 10.47 million shares shorted with days to cover at 8.09.

Wall Street analysts have a consensus price target for the stock at $19, which means that the shares’ value could jump 94.47% from current levels. The projected low price target is $13.0 while the price target rests at a high of $25.0. In that case, then, we find that the current price level is -2280.95% off the targeted high while a plunge would see the stock gain -1138.1% from current levels.

FREYR Battery Inc (FREY) estimates and forecasts

The company’s shares have lost -37.50% over the past 6 months.

2 analysts offering their estimates for the company have set an average revenue estimate of 160k for the current quarter. 2 have an estimated revenue figure of 450k for the next ending quarter.

FREY Dividends

FREYR Battery Inc is expected to release its next earnings report on 2024-Nov-09 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

FREYR Battery Inc (NYSE:FREY)’s Major holders

The top two institutional holders are OGOREK ANTHONY JOSEPH /NY/ /ADV with over 5084.0 shares worth more than $8000.0. As of 2024-06-30, OGOREK ANTHONY JOSEPH /NY/ /ADV held 0.0036% of shares outstanding.