FREYR Battery Inc (NYSE: FREY) is -11.23% lower 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 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 $1.66 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $1.66, the stock is -18.39% and 6.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.8 million and changing 0.00% at the moment leaves the stock 3.59% off its SMA200. FREY registered -2.35% loss for a year compared to 6-month gain of -8.79%. The firm has a 50-day simple moving average (SMA 50) of $1.54142 and a 200-day simple moving average (SMA200) of $1.602415.
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The stock witnessed a -22.43% loss in the last 1 month and extending the period to 3 months gives it a 64.36%, and is -3.49% 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 9.98% over the week and 10.37% over the month.
FREYR Battery Inc (FREY) has around 263 employees, a market worth around $233.21M and $0.00M in sales. Distance from 52-week low is 82.34% and -41.75% from its 52-week high. The company has generated returns on investments over the last 12 months (-19.29%).
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 11.02%. Institutions hold 41.62% 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 sale by Slettemoen Tore Ivar, the company’s Director. SEC filings show that Slettemoen Tore Ivar sold 551,120 shares of the company’s common stock on Dec 11 ’24 at a price of $1.65 per share for a total of $0.91 million. Following the sale, the insider now owns 6.8 million shares.
FREYR Battery Inc disclosed in a document filed with the SEC on Dec 10 ’24 that Slettemoen Tore Ivar (Director) sold a total of 228,600 shares of the company’s common stock. The trade occurred on Dec 10 ’24 and was made at $1.73 per share for $0.4 million. Following the transaction, the insider now directly holds 7.35 million shares of the FREY stock.
Still, SEC filings show that on Dec 12 ’24, Slettemoen Tore Ivar (Director) disposed off 184,621 shares at an average price of $1.67 for $0.31 million. The insider now directly holds 6,616,105 shares of FREYR Battery Inc (FREY).
