FREYR Battery (NYSE:FREY - Get Free Report) is expected to be announcing its earnings results before the market opens on Monday, March 17th. Analysts expect the company to announce earnings of ($0.18) per share for the quarter. Investors that wish to register for the company's conference call can do so using this link.
FREYR Battery Price Performance
Shares of FREYR Battery stock traded up $0.09 during trading on Tuesday, hitting $1.61. 1,665,088 shares of the company's stock traded hands, compared to its average volume of 2,255,204. FREYR Battery has a 1 year low of $0.91 and a 1 year high of $3.36. The stock has a market capitalization of $226.19 million, a P/E ratio of -2.12 and a beta of 0.94. The business has a 50-day simple moving average of $1.89 and a 200-day simple moving average of $1.70.
Insider Buying and Selling at FREYR Battery
In other FREYR Battery news, Director Tore Ivar Slettemoen sold 391,071 shares of the stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $1.88, for a total value of $735,213.48. Following the transaction, the director now owns 5,080,446 shares of the company's stock, valued at approximately $9,551,238.48. This represents a 7.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 20.40% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
Separately, BTIG Research raised FREYR Battery from a "neutral" rating to a "buy" rating and set a $4.00 price objective on the stock in a research report on Friday, December 20th.
Get Our Latest Stock Report on FREYR Battery
About FREYR Battery
(
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FREYR Battery, Inc provides battery solutions in the United States, Norway, and internationally. The company develops battery cell manufacturing facilities. It serves its products to energy storage systems and commercial mobility, including marine applications and commercial vehicles markets. The company is headquartered in Luxembourg.
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