Market Resilience: Faraday Future Intelligent Electric Inc (FFIE) Finishes Strong at 0.13, Up 1.26

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Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) closed the day trading at $0.13 up 1.26% from the previous closing price of $0.13. In other words, the price has increased by $1.26 from its previous closing price. On the day, 108.1 million shares were traded. FFIE stock price reached its highest trading level at $0.1448 during the session, while it also had its lowest trading level at $0.1217.

Ratios:

For a better understanding of FFIE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.15 and its Current Ratio is at 0.26. In the meantime, Its Debt-to-Equity ratio is 0.91 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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 56658424 and an Enterprise Value of 1883718528. For the stock, the TTM Price-to-Sale (P/S) ratio is 52.49 while its Price-to-Book (P/B) ratio in mrq is 0.38. Its current Enterprise Value per Revenue stands at 1745.8 whereas that against EBITDA is -12.05.

Stock Price History:

Over the past 52 weeks, FFIE has reached a high of $66.00, while it has fallen to a 52-week low of $0.04. The 50-Day Moving Average of the stock is -67.42%, while the 200-Day Moving Average is calculated to be -79.30%.

Shares Statistics:

Over the past 3-months, FFIE traded about 165.29M shares per day on average, while over the past 10 days, FFIE traded about 1409567 shares per day. A total of 441.53M shares are outstanding, with a floating share count of 441.21M. Insiders hold about 0.07% of the company’s shares, while institutions hold 1.54% stake in the company. Shares short for FFIE as of 1722384000 were 1172960 with a Short Ratio of 0.28, compared to 1719532800 on 1015651. Therefore, it implies a Short% of Shares Outstanding of 1172960 and a Short% of Float of 10.6300004.

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