The price of FREYR Battery (NYSE: FREY) closed at $7.46 in the last session, down -1.19% from day before closing price of $7.55. In other words, the price has decreased by -$0.09 from its previous closing price. On the day, 1292940 shares were traded.
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Ratios:
We take a closer look at FREY’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 8.20 and its Current Ratio is at 8.20. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FREY now has a Market Capitalization of 1.00B and an Enterprise Value of 575.82M.
Stock Price History:
Over the past 52 weeks, FREY has reached a high of $16.94, while it has fallen to a 52-week low of $6.20. The 50-Day Moving Average of the stock is 7.49, while the 200-Day Moving Average is calculated to be 10.46.
Shares Statistics:
According to the various share statistics, FREY traded on average about 2.47M shares per day over the past 3-months and 1.9M shares per day over the past 10 days. A total of 139.71M shares are outstanding, with a floating share count of 113.60M. Insiders hold about 16.77% of the company’s shares, while institutions hold 43.20% stake in the company. Shares short for FREY as of Apr 27, 2023 were 11.58M with a Short Ratio of 11.58M, compared to 9.18M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 8.29% and a Short% of Float of 9.07%.
Earnings Estimates
The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.29 for the current quarter, with a high estimate of -$0.16 and a low estimate of -$0.41, while EPS last year was $0.04. The consensus estimate for the next quarter is -$0.33, with high estimates of -$0.17 and low estimates of -$0.49.
Analysts are recommending an EPS of between -$0.59 and -$1.75 for the fiscal current year, implying an average EPS of -$1.27. EPS for the following year is -$1.73, with 5 analysts recommending between -$1.03 and -$2.47.
Revenue Estimates
Based on 3 analysts’ estimates, the company’s revenue will be $413.72M in the next fiscal year. The high estimate is $1.05B and the low estimate is $73M. The average revenue growth estimate for next year is up 8,012.20% from the average revenue estimate for this year.
