Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) closed at $0.05 in the last session, down -4.08% from day before closing price of $0.05. In other words, the price has decreased by -$4.08 from its previous closing price. On the day, 60.53 million shares were traded. FFIE stock price reached its highest trading level at $0.052 during the session, while it also had its lowest trading level at $0.046.
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 2005616 and an Enterprise Value of 128929520. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.65 while its Price-to-Book (P/B) ratio in mrq is 0.00. Its current Enterprise Value per Revenue stands at 233.992 whereas that against EBITDA is -0.508.
Stock Price History:
The Beta on a monthly basis for FFIE is 1.62, which has changed by -0.99872005 over the last 52 weeks, in comparison to a change of 0.22363698 over the same period for the S&P500. Over the past 52 weeks, FFIE has reached a high of $117.36, while it has fallen to a 52-week low of $0.05. The 50-Day Moving Average of the stock is -64.22%, while the 200-Day Moving Average is calculated to be -99.64%.
Shares Statistics:
According to the various share statistics, FFIE traded on average about 20.81M shares per day over the past 3-months and 37943380 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 3.00% stake in the company. Shares short for FFIE as of 1713139200 were 24134156 with a Short Ratio of 1.16, compared to 1710460800 on 15207749. Therefore, it implies a Short% of Shares Outstanding of 24134156 and a Short% of Float of 56.92.
Earnings Estimates
As of right now, 1.0 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$3.51 for the current quarter, with a high estimate of -$3.51 and a low estimate of -$3.51, while EPS last year was -$76.8. The consensus estimate for the next quarter is -$3.87, with high estimates of -$3.87 and low estimates of -$3.87.
Analysts are recommending an EPS of between -$47.97 and -$47.97 for the fiscal current year, implying an average EPS of -$47.97. EPS for the following year is -$15.39, with 1.0 analysts recommending between -$15.39 and -$15.39.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $4.25M. There is a high estimate of $4.25M for the next quarter, whereas the lowest estimate is $4.25M.
Based on 1 analysts’ estimates, the company’s revenue will be $85M in the next fiscal year. The high estimate is $85M and the low estimate is $85M.
