FREYR Battery Inc. (NYSE:FREY) price closed on Monday, April 15, remained unchanged from its previous close.
A look at the daily price movement shows that the last close reads $1.86. The company’s 5Y monthly beta was ticking 0.71. Taking into account the 52-week price action we note that the stock hit a 52-week high of $10.10 and 52-week low of $1.21. The stock added 26.53% on its value in the past month.
FREYR Battery Inc., which has a market valuation of $259.86 million, is expected to release its quarterly earnings report Feb 25, 2024 – Feb 29, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give FREY a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 50% Sell.
The overview shows that FREY’s price is at present 7.39% off the SMA20 and 11.30% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 54.85, with weekly volatility standing at 8.52%. The indicator jumps to 8.05% when calculated based on the past 30 days. FREYR Battery Inc. (NYSE:FREY)’s beta value is holding at 0.68, while the average true range (ATR) indicator is currently reading 0.15.
An analysis of the FREYR Battery Inc. (NYSE:FREY) stock in terms of its daily trading volume indicates that the 3-month average is 1.68 million.
Current records show that the company has 139.71M in outstanding shares. The insiders’ percentage holdings are 12.70% of outstanding shares while the percentage share held by institutions stands at 35.96%. But the -0.53% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
