The price of Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) closed at $0.10 in the last session, up 5.04% from day before closing price of $0.10. In other words, the price has increased by $+0.0048 from its previous closing price. On the day, 21688375 shares were traded.
Ratios:
We take a closer look at FFIE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.67. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.44.
On November 16, 2021, Wedbush Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $10.
On August 17, 2021, Wedbush started tracking the stock assigning a Outperform rating and target price of $17.Wedbush initiated its Outperform rating on August 17, 2021, with a $17 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 21 ’23 when Aydt Matthias bought 1 shares for $100.00 per share. The transaction valued at 100 led to the insider holds 1 shares of the business.
Chen Xuefeng bought 1 shares of FFIE for $100 on Jun 16 ’23. The Global Chief Exec. Officer now owns 1 shares after completing the transaction at $100.00 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FFIE now has a Market Capitalization of 4.12M and an Enterprise Value of 132.15M. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.76 while its Price-to-Book (P/B) ratio in mrq is 0.00. Its current Enterprise Value per Revenue stands at 239.84 whereas that against EBITDA is -0.29.
Stock Price History:
Over the past 52 weeks, FFIE has reached a high of $117.36, while it has fallen to a 52-week low of $0.09. The 50-Day Moving Average of the stock is 0.2430, while the 200-Day Moving Average is calculated to be 18.7242.
Shares Statistics:
According to the various share statistics, FFIE traded on average about 12.38M shares per day over the past 3-months and 32.29M shares per day over the past 10 days. A total of 42.67M shares are outstanding, with a floating share count of 37.40M. Insiders hold about 12.35% of the company’s shares, while institutions hold 2.99% stake in the company. Shares short for FFIE as of Mar 15, 2024 were 15.21M with a Short Ratio of 1.23, compared to 12.12M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 35.64% and a Short% of Float of 35.87%.
Earnings Estimates
The company has 1 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$3.51 for the current quarter, with a high estimate of -$3.51 and a low estimate of -$3.51, while EPS last year was -$76.8. The consensus estimate for the next quarter is -$3.87, with high estimates of -$3.87 and low estimates of -$3.87.
Analysts are recommending an EPS of between -$47.97 and -$47.97 for the fiscal current year, implying an average EPS of -$47.97. EPS for the following year is -$15.39, with 1 analysts recommending between -$15.39 and -$15.39.
Revenue Estimates
Based on 1 analysts’ estimates, the company’s revenue will be $85M in the next fiscal year. The high estimate is $85M and the low estimate is $85M. The average revenue growth estimate for next year is up 3,181.90% from the average revenue estimate for this year.
