In other words, the price has increased by $0.0000 from its previous closing price. On the day, 3035867 shares were traded.
Ratios:
For a better understanding of FREY, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.34 and its Current Ratio is at 6.34. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on November 14, 2023, Downgraded its rating to Equal-Weight and sets its target price to $2 from $13 previously.
TD Cowen Downgraded its Outperform to Market Perform on October 25, 2023, whereas the target price for the stock was revised from $14 to $7.
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 293.38M and an Enterprise Value of 15.53M.
Stock Price History:
Over the past 52 weeks, FREY has reached a high of $10.10, while it has fallen to a 52-week low of $1.21. The 50-Day Moving Average of the stock is 1.6374, while the 200-Day Moving Average is calculated to be 3.9038.
Shares Statistics:
Over the past 3-months, FREY traded about 1.67M shares per day on average, while over the past 10 days, FREY traded about 1.87M shares per day. A total of 139.71M shares are outstanding, with a floating share count of 121.96M. Insiders hold about 12.70% of the company’s shares, while institutions hold 36.00% stake in the company. Shares short for FREY as of Mar 28, 2024 were 7.65M with a Short Ratio of 4.62, compared to 8.93M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.47% and a Short% of Float of 5.99%.
Earnings Estimates
Current recommendations for the stock of the company come from 2 analysts. On average, analysts expect EPS of -$0.22 for the current quarter, with a high estimate of -$0.19 and a low estimate of -$0.26, while EPS last year was -$0.09. The consensus estimate for the next quarter is -$0.21, with high estimates of -$0.16 and low estimates of -$0.26.
Analysts are recommending an EPS of between -$0.63 and -$1.03 for the fiscal current year, implying an average EPS of -$0.82. EPS for the following year is -$0.78, with 3 analysts recommending between -$0.55 and -$1.17.
Revenue Estimates
Based on 1 analysts’ estimates, the company’s revenue will be $8.9M in the next fiscal year. The high estimate is $8.9M and the low estimate is $8.9M. The average revenue growth estimate for next year is up 423.50% from the average revenue estimate for this year.
