Market Recap Check: Faraday Future Intelligent Electric Inc (FFIE)’s Positive Finish at 1.16, Up/Down 5.45

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The price of Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) closed at $1.16 in the last session, up 5.45% from day before closing price of $1.10. In other words, the price has increased by $5.45 from its previous closing price. On the day, 4.61 million shares were traded. FFIE stock price reached its highest trading level at $1.175 during the session, while it also had its lowest trading level at $1.06.

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 0.21 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:

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 Nov 25 ’24 when Chen Chad sold 15,000 shares for $1.57 per share. The transaction valued at 23,550 led to the insider holds 7,943 shares of the business.

Aydt Matthias bought 1 shares of FFIE for $100 on Jun 21 ’24. 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 52585120 and an Enterprise Value of 129990696. For the stock, the TTM Price-to-Sale (P/S) ratio is 102.70 while its Price-to-Book (P/B) ratio in mrq is 0.23. 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 $0.99. The 50-Day Moving Average of the stock is -28.39%, while the 200-Day Moving Average is calculated to be -86.69%.

Shares Statistics:

According to the various share statistics, FFIE traded on average about 6.77M shares per day over the past 3-months and 4329940 shares per day over the past 10 days. A total of 45.33M shares are outstanding, with a floating share count of 40.99M. Insiders hold about 9.57% of the company’s shares, while institutions hold 1.16% stake in the company. Shares short for FFIE as of 1728950400 were 4716173 with a Short Ratio of 1.39, compared to 1726185600 on 3532708. Therefore, it implies a Short% of Shares Outstanding of 4716173 and a Short% of Float of 38.12.

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