During the recent session, FREYR Battery Inc (NYSE:FREY)’s traded shares were 0.33 million, with the beta value of the company hitting 1.00. At the last check today, the stock’s price was $2.01, reflecting an intraday gain of 5.79% or $0.11. The 52-week high for the FREY share is $3.36, that puts it down -67.16 from that peak though still a striking 54.73% gain since the share price plummeted to a 52-week low of $0.91. The company’s market capitalization is $282.38M, and the average intraday trading volume over the past 10 days was 1.51 million shares, and the average trade volume was 2.90 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 1.00. 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 -0.13.
FREYR Battery Inc (NYSE:FREY) trade information
FREYR Battery Inc (FREY) registered a 5.79% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 5.79% in intraday trading to $2.01, hitting a weekly high. The stock’s 5-day price performance is 8.65%, and it has moved by -12.99% in 30 days. Based on these gigs, the overall price performance for the year is 18.24%. The short interest in FREYR Battery Inc (NYSE:FREY) is 12.27 million shares and it means that shorts have 5.04 day(s) to cover.
The consensus price target of analysts on Wall Street is $19, which implies an increase of 89.42% 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 -1143.78% off the target high and -546.77% off the low.
Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 73.98M by the end of current fiscal year.
While earnings are projected to return -39.71% in 2025.
FREY Dividends
FREYR Battery Inc is due to release its next quarterly earnings in March. 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 29.38% of total outstanding shares while institutional holders control 29.16%, with the float percentage being 41.30%. OGOREK ANTHONY JOSEPH /NY/ /ADV is the largest shareholder of the company, while 175.0 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.
Also, the Mutual Funds coming in first place with the largest holdings of FREYR Battery Inc (FREY) shares are iShares Russell 2000 ETF and Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF. Data provided on Nov 30, 2024 indicates that iShares Russell 2000 ETF owns about 3.08 shares. This amounts to just over 2.19 percent of the company’s overall shares, with a $6.17 million market value. The same data shows that the other fund manager holds slightly less at 1.4, or about 0.99% of the stock, which is worth about $2.8 million.
