Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 15.51%.However, over the last six months, we can see a weaker performance of 26.32%. Over the last 30 days, the price of FREY has leaped by -1.82%. And in the last five days, it has surged by 26.32%.
FREYR Battery Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $2.85 on 05/28/24, while the lowest price for the same period was registered at $0.91 on 09/23/24.
52-week price history of FREY Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. FREYR Battery Inc’s current trading price is -24.21% away from its 52-week high, while its distance from the 52-week low is 137.26%. The stock’s price range during this period has varied between$0.91 and $2.85. The FREYR Battery Inc’s shares, which operate in the Industrials, saw a trading volume of around 6.31 million for the day, a figure considerably higher than their average daily volume of 3.36 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
FREYR Battery Inc (FREY) has experienced a quarterly rise of 117.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 362.14M and boasts a workforce of 263 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.40, with a change in price of +0.36. Similarly, FREYR Battery Inc recorded 2,626,064 in trading volume during the last 100 days, posting a change of +20.00%.
FREY’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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
FREYR Battery Inc’s raw stochastic average for the past 50 days is presently 70.76%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 56.28%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 33.54% and 22.74%, respectively.
