For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) closed at $1.26 down -8.70% from its previous closing price of $1.38. In other words, the price has decreased by -$8.70 from its previous closing price. On the day, 5.37 million shares were traded. FFIE stock price reached its highest trading level at $1.36 during the session, while it also had its lowest trading level at $1.24.
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 0.21 and its Current Ratio is at 0.32. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.27.
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 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 57118320 and an Enterprise Value of 129990696. For the stock, the TTM Price-to-Sale (P/S) ratio is 96.58 while its Price-to-Book (P/B) ratio in mrq is 0.25. Its current Enterprise Value per Revenue stands at 120.473 whereas that against EBITDA is -0.832.
Stock Price History:
Over the past 52 weeks, FFIE has reached a high of $156.00, while it has fallen to a 52-week low of $1.35. The 50-Day Moving Average of the stock is -51.07%, while the 200-Day Moving Average is calculated to be -87.03%.
Shares Statistics:
For the past three months, FFIE has traded an average of 11.55M shares per day and 5839460 over the past ten days. A total of 33.38M shares are outstanding, with a floating share count of 30.21M. Insiders hold about 9.51% of the company’s shares, while institutions hold 1.58% stake in the company. Shares short for FFIE as of 1728950400 were 4716173 with a Short Ratio of 0.42, compared to 1726185600 on 3532708. Therefore, it implies a Short% of Shares Outstanding of 4716173 and a Short% of Float of 38.12.