Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. FREYR Battery’s current trading price is -67.18% away from its 52-week high, while its distance from the 52-week low is 1.09%. The stock’s price range over this period has fluctuated between $5.50 and $16.94. The company, operating within the financial sector, had a trading volume of approximately 1.49 million for the day, which was noticeably lower than the average daily share volume of 2.2 million over the last 3 months.
The stock price for FREYR Battery (FREY) currently stands at $5.56. The stock experienced a substantial increase in the last session, hitting $5.72 after starting at $5.70. The stock’s lowest price was $5.50 before closing at $5.52.
In terms of market performance, FREYR Battery had a fairly uneven. The highest value for the stock in the past year was $16.94 on 10/06/22, and the lowest value was recorded at $5.50 on 09/19/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
FREYR Battery (FREY) has experienced a quarterly decline of -25.57% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 787.63M and boasts a workforce of 212 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.46, with a change in price of -1.34. Similarly, FREYR Battery recorded 1,979,922 in trading volume during the last 100 days, posting a change of -19.35%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for FREY stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
FREY Stock Stochastic Average
Today’s raw stochastic average for FREYR Battery over the last 50 days is 9.12%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 25.78%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 13.90% and 11.39%, respectively.
FREY Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -35.94%. However, over the past six months, we’ve seen a stronger performance of -21.25%. The price of FREY leaped by -15.11% over the last 30 days. And in the last five days, it has fallen by -9.45%.