The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The closing price of Faraday Future Intelligent Electric Inc (NASDAQ: FFAI) was $1.00 for the day, down -7.41% from the previous closing price of $1.08. In other words, the price has decreased by -$7.41 from its previous closing price. On the day, 6.43 million shares were traded.
Ratios:
Our analysis of FFAI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.23 and its Current Ratio is at 0.37. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.75.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 28 ’25 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 Chad sold 15,000 shares of FFAI for $23,550 on Nov 25 ’24. The Director now owns 7,943 shares after completing the transaction at $1.57 per share. On Jun 21 ’24, another insider, Aydt Matthias, who serves as the Global Chief Exec. Officer of the company, bought 1 shares for $100.00 each. As a result, the insider paid 100 and bolstered with 1 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 157.60 while its Price-to-Book (P/B) ratio in mrq is 0.57.
Stock Price History:
Over the past 52 weeks, FFAI 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 -25.28%, while the 200-Day Moving Average is calculated to be -77.92%.
Shares Statistics:
A total of 85.10M shares are outstanding, with a floating share count of 78.26M. Insiders hold about 8.04% of the company’s shares, while institutions hold 4.32% stake in the company.