rts logo

Will FREYR Battery Inc. (FREY) benefit from Wall Street bulls Calls?

FREYR Battery Inc. (NYSE: FREY) is -41.71% lower on its value in year-to-date trading and has touched a low of $0.91 and a high of $5.35 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FREY stock was last observed hovering at around $1.05 in the last trading session, with the day’s gains setting it 0.04%.

Currently trading at $1.09, the stock is 1.66% and -16.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.04 million and changing 3.81% at the moment leaves the stock -33.70% off its SMA200. FREY registered -78.50% loss for a year compared to 6-month loss of -35.12%. The firm has a 50-day simple moving average (SMA 50) of $1.28668 and a 200-day simple moving average (SMA200) of $1.64012.

The stock witnessed a -11.38% gain in the last 1 month and extending the period to 3 months gives it a -35.88%, and is 7.92% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.62% over the week and 7.38% over the month.

FREYR Battery Inc. (FREY) has around 263 employees, a market worth around $153.13M and $0.00M in sales. Distance from 52-week low is 19.73% and -79.63% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.46%).

with sales reaching $160k over the same period.The EPS is expected to shrink by -54.90% this year.

FREYR Battery Inc. (FREY) Top Institutional Holders

The shares outstanding are 139.71M, and float is at 121.50M with Short Float at 10.70%.

The top institutional shareholder in the company is OGOREK ANTHONY JOSEPH /NY/ /ADV with over 5084.0 shares valued at $8000.0. The investor’s holdings represent 0.0036% of the FREY Shares outstanding.

FREYR Battery Inc. (FREY) Insider Activity

#####

Related Posts