FREYR Battery Inc (NYSE: FREY) is 4.81% higher on its value in year-to-date trading and has touched a low of $0.91 and a high of $2.85 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FREY stock was last observed hovering at around $2.04 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $1.96, the stock is -7.48% and 34.69% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.48 million and changing -3.92% at the moment leaves the stock 22.47% off its SMA200. FREY registered 8.29% gain for a year compared to 6-month loss of -11.71%. The firm has a 50-day simple moving average (SMA 50) of $1.43586 and a 200-day simple moving average (SMA200) of $1.599665.
The stock witnessed a 99.94% gain in the last 1 month and extending the period to 3 months gives it a 70.43%, and is -12.11% down 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 8.00% over the week and 14.88% over the month.
FREYR Battery Inc (FREY) has around 263 employees, a market worth around $275.36M and $0.00M in sales. Distance from 52-week low is 115.29% and -31.23% from its 52-week high. The company has generated returns on investments over the last 12 months (-19.29%).
, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
FREYR Battery Inc (FREY) Top Institutional Holders
173.0 institutions hold shares in FREYR Battery Inc (FREY), with institutional investors hold 49.55% of the company’s shares. The shares outstanding are 140.49M, and float is at 121.38M with Short Float at 9.90%. Institutions hold 41.61% of the Float.
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
The most recent transaction is an insider purchase by Calio Joseph Evan, the company’s Chief Financial Officer. SEC filings show that Calio Joseph Evan bought 130,600 shares of the company’s common stock on Nov 08 ’24 at a price of $1.91 per share for a total of $0.25 million. Following the purchase, the insider now owns 0.13 million shares.
