Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) currently has a daily average trading volume of 220.15M but it saw 36659113 shares traded in last market. With a market cap of 135.81M USD, the company’s current market price of $0.31 came falling about -12.11 while comparing to the previous closing price of $0.35. In past 52 weeks, the stock remained buoying in the range of price level as high as $83.64 and as low as $0.04.
Taking a look at 20-day trading activity of Faraday Future Intelligent Electric Inc (FFIE) gives us an average price of $0.3942, while its current price level is -99.63% below from 52-week high level whereas it is 709.47% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.5261 while that of 200 days or SMA-200 reads an average of $0.7874. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.75% during that period while stretching the period over a month that increases to 12.79%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 39.75 which implies that the stock is in neutral territory.
Wedbush downgraded its recommendation for the stock as a “Neutral” from “Outperform” on November 16, 2021 while assigning a price target of $10. Wedbush issued its recommendations for the stock as it initiated the price target for the stock is $17.
Over the week, FFIE’s stock price is moving -14.56% down while it is -29.16% when we observe its performance for the past one month. Year-to-date it is -55.59% down and over the past year, the stock is showing a downside performance of -99.61%.
Currently, Faraday Future Intelligent Electric Inc’s total number of outstanding shares is 441.53M. Company’s return on investment (ROI) stands at -138.65% and return on equity (ROE) at -146.51%. Stock’s beta reads 5.73. Stock has a price to book (P/B) ratio of 0.24 while price to sale or P/S ratio amounts to 171.92. Its return on asset (ROA) is -62.27% on average.
