In the Green: Faraday Future Intelligent Electric Inc (FFIE) Closes at 0.40, Up/Down -2.58 from Previous Day

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In the latest session, Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) closed at $0.40 down -2.58% from its previous closing price of $0.41. In other words, the price has decreased by -$2.58 from its previous closing price. On the day, 43.1 million shares were traded. FFIE stock price reached its highest trading level at $0.4279 during the session, while it also had its lowest trading level at $0.3814.

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 0.22 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:

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.

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 174304624 and an Enterprise Value of 291243744. For the stock, the TTM Price-to-Sale (P/S) ratio is 223.47 while its Price-to-Book (P/B) ratio in mrq is 0.07. Its current Enterprise Value per Revenue stands at 371.484 whereas that against EBITDA is -1.228.

Stock Price History:

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 -7.14%, while the 200-Day Moving Average is calculated to be -79.85%.

Shares Statistics:

For the past three months, FFIE has traded an average of 187.53M shares per day and 93220460 over the past ten days. A total of 439.94M shares are outstanding, with a floating share count of 439.61M. Insiders hold about 0.08% of the company’s shares, while institutions hold 0.33% stake in the company. Shares short for FFIE as of 1715731200 were 11986274 with a Short Ratio of 0.16, compared to 1713139200 on 24134156. Therefore, it implies a Short% of Shares Outstanding of 11986274 and a Short% of Float of 28.27.

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