FREYR Battery (NYSE:FREY) Issues Earnings Results

FREYR Battery (NYSE:FREY) posted its earnings results on Wednesday. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($0.02), RTT News reports. During the same period last year, the company earned ($0.07) EPS.

FREYR Battery Stock Performance

NYSE:FREY traded down $0.30 on Friday, hitting $2.05. 8,017,600 shares of the stock were exchanged, compared to its average volume of 1,953,217. FREYR Battery has a 52 week low of $0.91 and a 52 week high of $2.92. The stock has a market capitalization of $288.00 million, a price-to-earnings ratio of -3.27 and a beta of 0.72. The company’s 50-day moving average price is $1.10 and its 200 day moving average price is $1.51.

FREYR Battery Company Profile

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.