The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $1.77 in the prior trading day, T1 Energy Inc (NYSE: FREY) closed at $1.68, down -5.08%. In other words, the price has decreased by -$5.08 from its previous closing price. On the day, 1.04 million shares were traded.
Ratios:
Our goal is to gain a better understanding of FREY by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.36 and its Current Ratio is at 6.36. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
On November 14, 2023, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $13 to $2.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 18 ’24 when Slettemoen Tore Ivar sold 391,071 shares for $1.88 per share. The transaction valued at 735,213 led to the insider holds 5,080,446 shares of the business.
Slettemoen Tore Ivar sold 600,000 shares of FREY for $978,000 on Dec 13 ’24. The Director now owns 6,016,105 shares after completing the transaction at $1.63 per share. On Dec 17 ’24, another insider, Slettemoen Tore Ivar, who serves as the Director of the company, sold 544,588 shares for $1.74 each. As a result, the insider received 947,583 and left with 5,471,517 shares of the company.
Stock Price History:
Over the past 52 weeks, FREY has reached a high of $3.36, while it has fallen to a 52-week low of $0.91. The 50-Day Moving Average of the stock is -21.13%, while the 200-Day Moving Average is calculated to be -1.93%.
Shares Statistics:
A total of 140.49M shares are outstanding, with a floating share count of 106.98M. Insiders hold about 23.85% of the company’s shares, while institutions hold 43.94% stake in the company.
