In the last trading session, 4.6 million FREYR Battery Inc (NYSE:FREY) shares changed hands as the company’s beta touched 0.99. With the company’s per share price at $2.32 changed hands at $0.27 or 13.17% during last session, the market valuation stood at $284.33M. FREY’s last price was a discount, traded about -25.86% off its 52-week high of $2.92. The share price had its 52-week low at $0.91, which suggests the last value was 60.78% up since then. When we look at FREYR Battery Inc’s average trading volume, we note the 10-day average is 8.51 million shares, with the 3-month average coming to 2.43 million.
Analysts gave the FREYR Battery Inc (FREY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended FREY as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. FREYR Battery Inc’s EPS for the current quarter is expected to be -0.18.
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 was in green as seen at the end of in last trading. With action 125.24%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 24.06%, with the 5-day performance at 125.24% in the green. However, in the 30-day time frame, FREYR Battery Inc (NYSE:FREY) is 127.45% up. Looking at the short shares, we see there were 10.47 million shares sold at short interest cover period of 8.09 days.
The consensus price target for the stock as assigned by Wall Street analysts is 19, meaning bulls need an upside of 87.79% from its current market value. According to analyst projections, FREY’s forecast low is 13 with 25 as the target high. To hit the forecast high, the stock’s price needs a -977.59% plunge from its current level, while the stock would need to soar -460.34% for it to hit the projected low.
FREYR Battery Inc (FREY) estimates and forecasts
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 450k. 2 analysts are of the opinion that FREYR Battery Inc’s revenue for the current quarter will be 580k. The 2024 estimates are for FREYR Battery Inc earnings to decrease by -45.10%.
