FREYR Battery (NYSE:FREY) Shares Up 1.1% – Should You Buy?

Shares of FREYR Battery, Inc. (NYSE:FREYGet Free Report) shot up 1.1% during trading on Friday . The stock traded as high as $3.79 and last traded at $3.64. 6,785,450 shares traded hands during trading, an increase of 167% from the average session volume of 2,541,737 shares. The stock had previously closed at $3.60.

FREYR Battery Trading Up 1.1%

The company has a market cap of $511.38 million, a price-to-earnings ratio of -4.79 and a beta of 0.94. The firm’s 50-day moving average price is $2.66 and its 200 day moving average price is $1.77.

FREYR Battery Company Profile

(Get Free Report)

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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