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 Inc.’s current trading price is -81.19% away from its 52-week high, while its distance from the 52-week low is 6.56%. The stock’s price range over this period has fluctuated between $0.91 and $5.16. The company, operating within the financial sector, had a trading volume of approximately 2.8 million for the day, which was noticeably higher than the average daily share volume of 1.54 million over the last 3 months.
FREYR Battery Inc. saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $5.16 on 10/04/23, while the lowest price for the same duration was marked at $0.91 on 09/23/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
FREYR Battery Inc. (FREY) has experienced a quarterly decline of -38.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 136.29M and boasts a workforce of 263 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.5975, with a change in price of -0.7099. Similarly, FREYR Battery Inc. recorded 1,716,541 in trading volume during the last 100 days, posting a change of -42.26%.
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 0.04. Similarly, the long-term debt-to-equity ratio is also 0.03.
FREY Stock Stochastic Average
Today, FREYR Battery Inc.’s raw stochastic average for the past 50 days stands at 6.44%, indicating a decline from the raw stochastic average of the last 20 days, which was 19.28%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 34.44% and 32.71% respectively.
FREY Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -48.12%.However, over the last six months, we can see a stronger performance of -45.80%. Over the last 30 days, the price of FREY has leaped by -23.61%. And in the last five days, it has fallen by -2.36%.
