Investing In FREYR Battery Inc (NYSE: FREY): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NYSE and operates within the Electrical Equipment & Parts industry segment. The current market capitalization of FREYR Battery Inc is $290.81M. A total of 1.76 million shares were traded on the day, compared to an average of 2.83M shares.

In the most recent transaction, Slettemoen Tore Ivar sold 391,071 shares of FREY for 1.88 per share on Dec 18 ’24. After the transaction, the Director now owns 5,080,446 company shares. In a previous transaction on Dec 13 ’24, Slettemoen Tore Ivar sold 600,000 shares at 1.63 per share. FREY shares that Director owns now total 6,016,105.

Among the insiders who sold shares, Slettemoen Tore Ivar disposed of 544,588 shares on Dec 17 ’24 at a per-share price of $1.74. This resulted in the Director holding 5,471,517 shares of FREY after the transaction. In another insider transaction, Calio Joseph Evan bought 374,862 shares at $1.62 per share on Dec 13 ’24. Company shares held by the Chief Financial Officer now total 630,462.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, FREY has a high of $3.36 and a low of $0.91.

As of this writing, FREY has an earnings estimate of -$0.13 per share for the current quarter. EPS was calculated based on a consensus of 1.0 estimates, with a high estimate of -$0.13 per share and a lower estimate of -$0.13.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. FREY’s latest balance sheet shows that the firm has $563.96M in Cash & Short Term Investments as of fiscal 2021. There were $0.00 in debt and $25.80M in liabilities at the time. Its Book Value Per Share was $3.83, while its Total Shareholder’s Equity was $545.49M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FREY is Buy with a score of 5.00.

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