In the latest session, Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) closed at $0.10 down -9.18% from its previous closing price of $0.11. In other words, the price has decreased by -$0.0098 from its previous closing price. On the day, 10083069 shares were traded.
Ratios:
For a deeper understanding of Faraday Future Intelligent Electric Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 4.13M and an Enterprise Value of 132.16M. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.52 while its Price-to-Book (P/B) ratio in mrq is 0.00. Its current Enterprise Value per Revenue stands at 239.86 whereas that against EBITDA is -0.29.
Stock Price History:
Over the past 52 weeks, FFIE has reached a high of $131.52, while it has fallen to a 52-week low of $0.10. The 50-Day Moving Average of the stock is 0.3160, while the 200-Day Moving Average is calculated to be 21.8670.
Shares Statistics:
For the past three months, FFIE has traded an average of 8.46M shares per day and 13.87M 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 1.64, 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%.
