After finishing at $0.15 in the prior trading day, Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) closed at $0.13, down -10.01%. In other words, the price has decreased by -$0.0148 from its previous closing price. On the day, 12987911 shares were traded. FFIE stock price reached its highest trading level at $0.1470 during the session, while it also had its lowest trading level at $0.1300.
Ratios:
Our goal is to gain a better understanding of FFIE by taking a closer look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 5.67M and an Enterprise Value of 133.70M. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.02 while its Price-to-Book (P/B) ratio in mrq is 0.01. Its current Enterprise Value per Revenue stands at 242.65 whereas that against EBITDA is -0.30.
Stock Price History:
The Beta on a monthly basis for FFIE is 1.55, which has changed by -99.87% over the last 52 weeks, in comparison to a change of 32.88% over the same period for the S&P500. Over the past 52 weeks, FFIE has reached a high of $135.05, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is 0.3773, while the 200-Day Moving Average is calculated to be 23.2155.
Shares Statistics:
The stock has traded on average 7.89M shares per day over the past 3-months and 11.17M shares per day over the last 10 days, according to various share statistics. A total of 41.42M shares are outstanding, with a floating share count of 37.40M. Insiders hold about 9.71% of the company’s shares, while institutions hold 3.08% stake in the company. Shares short for FFIE as of Feb 15, 2024 were 12.12M with a Short Ratio of 1.54, compared to 11.4M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.47% and a Short% of Float of 9.53%.
Earnings Estimates
Its stock is currently analyzed by 1 different market analysts. 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.
