As of close of business last night, Faraday Future Intelligent Electric Inc’s stock clocked out at $0.10, down -12.27% from its previous closing price of $0.11. In other words, the price has decreased by -$0.0140 from its previous closing price. On the day, 18680889 shares were traded.
Ratios:
To gain a deeper understanding of FFIE’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future 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 4.28M and an Enterprise Value of 132.31M. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.77 while its Price-to-Book (P/B) ratio in mrq is 0.00. Its current Enterprise Value per Revenue stands at 240.12 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 0.2589, while the 200-Day Moving Average is calculated to be 19.4960.
Shares Statistics:
It appears that FFIE traded 12.00M shares on average per day over the past three months and 32.19M shares per day over the past ten 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 Feb 29, 2024 were 13.89M with a Short Ratio of 1.16, compared to 11.54M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 32.55% and a Short% of Float of 32.76%.
Earnings Estimates
As of right now, 1 analysts gave their recommendation on the stock of the company. 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.
