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The price of Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) closed at $0.06 in the last session, down -4.55% from day before closing price of $0.06. In other words, the price has decreased by -$4.55 from its previous closing price. On the day, 29.3 million shares were traded. FFIE stock price reached its highest trading level at $0.0638 during the session, while it also had its lowest trading level at $0.056.
Ratios:
We take a closer look at FFIE’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 2504887 and an Enterprise Value of 129153448. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.55 while its Price-to-Book (P/B) ratio in mrq is 0.00. Its current Enterprise Value per Revenue stands at 234.398 whereas that against EBITDA is -0.509.
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 $0.06. The 50-Day Moving Average of the stock is -61.22%, while the 200-Day Moving Average is calculated to be -99.58%.
Shares Statistics:
According to the various share statistics, FFIE traded on average about 17.54M shares per day over the past 3-months and 35529280 shares per day over the past 10 days. A total of 42.67M shares are outstanding, with a floating share count of 37.55M. Insiders hold about 12.00% of the company’s shares, while institutions hold 2.98% stake in the company. Shares short for FFIE as of 1711584000 were 10824904 with a Short Ratio of 0.62, compared to 1709164800 on 13890111. Therefore, it implies a Short% of Shares Outstanding of 10824904 and a Short% of Float of 25.530002000000003.
Earnings Estimates
Its stock is currently analyzed by F5, Inc. different market analysts. The consensus estimate for the next quarter is $0.06, with high estimates of $11.76 and low estimates of $30.01.
