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The closing price of Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) was $0.49 for the day, down -5.01% from the previous closing price of $0.52. In other words, the price has decreased by -$5.01 from its previous closing price. On the day, 76.97 million shares were traded. FFIE stock price reached its highest trading level at $0.545 during the session, while it also had its lowest trading level at $0.4837.
Ratios:
Our analysis of FFIE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.22 and its Current Ratio is at 0.35. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.17.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 21 ’24 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.
Aydt Matthias bought 1 shares of FFIE for $100 on Dec 21 ’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 229838864 and an Enterprise Value of 332246272. For the stock, the TTM Price-to-Sale (P/S) ratio is 277.03 while its Price-to-Book (P/B) ratio in mrq is 0.09. Its current Enterprise Value per Revenue stands at 423.784 whereas that against EBITDA is -1.401.
Stock Price History:
The Beta on a monthly basis for FFIE is 5.69, which has changed by -0.9930697 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, FFIE has reached a high of $83.64, while it has fallen to a 52-week low of $0.04. The 50-Day Moving Average of the stock is -10.00%, while the 200-Day Moving Average is calculated to be -50.78%.
Shares Statistics:
FFIE traded an average of 222.65M shares per day over the past three months and 77568320 shares per day over the past ten days. A total of 441.53M shares are outstanding, with a floating share count of 441.22M. Insiders hold about 0.07% of the company’s shares, while institutions hold 0.52% stake in the company. Shares short for FFIE as of 1719532800 were 40626077 with a Short Ratio of 0.18, compared to 1717113600 on 29998455. Therefore, it implies a Short% of Shares Outstanding of 40626077 and a Short% of Float of 9.21.
