During the last session, FREYR Battery Inc (NYSE:FREY)’s traded shares were 2.9 million, with the beta value of the company hitting 0.93. At the end of the trading day, the stock’s price was $2.20, reflecting an intraday loss of -3.51% or -$0.08. The 52-week high for the FREY share is $2.85, that puts it down -29.55 from that peak though still a striking 58.64% gain since the share price plummeted to a 52-week low of $0.91. The company’s market capitalization is $309.08M, and the average intraday trading volume over the past 10 days was 10.68 million shares, and the average trade volume was 2.73 million shares over the past three months.
FREYR Battery Inc (FREY) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.00. FREY has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.15.
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
FREYR Battery Inc (FREY) registered a -3.51% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -3.51% in intraday trading to $2.20, hitting a weekly high. The stock’s 5-day price performance is 4.76%, and it has moved by 111.54% in 30 days. Based on these gigs, the overall price performance for the year is 28.65%. The short interest in FREYR Battery Inc (NYSE:FREY) is 11.77 million shares and it means that shorts have 7.69 day(s) to cover.
The consensus price target of analysts on Wall Street is $19, which implies an increase of 88.42% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $13 and $25 respectively. As a result, FREY is trading at a discount of -1036.36% off the target high and -490.91% off the low.
FREYR Battery Inc (FREY) estimates and forecasts
Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 22.28% this quarter and then jump 25.89% in the quarter after that.
While earnings are projected to return -45.10% in 2024.
FREY Dividends
FREYR Battery Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
FREYR Battery Inc (NYSE:FREY)’s Major holders
FREYR Battery Inc insiders own 16.02% of total outstanding shares while institutional holders control 41.32%, with the float percentage being 49.20%. OGOREK ANTHONY JOSEPH /NY/ /ADV is the largest shareholder of the company, while 173.0 institutions own stock in it. As of 2024-06-30, the company held over 5084.0 shares (or 0.0036% of all shares), a total value of $8000.0 in shares.
