FREYR Battery (NYSE:FREY) Posts Quarterly Earnings Results, Misses Expectations By $0.02 EPS

FREYR Battery (NYSE:FREY) released its quarterly earnings data on Wednesday. The company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.02), RTT News reports. During the same quarter in the previous year, the company earned ($0.07) EPS.

FREYR Battery Stock Performance

NYSE FREY traded down $0.30 on Friday, hitting $2.05. The stock had a trading volume of 8,017,600 shares, 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 firm has a 50-day moving average of $1.10 and a 200-day moving average of $1.51. The company has a market capitalization of $288.00 million, a price-to-earnings ratio of -3.27 and a beta of 0.72.

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.