Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) currently has a daily average trading volume of 8.77M but it saw 3998501 shares traded in last market. With a market cap of 30.30M USD, the company’s current market price of $2.74 came falling about -6.63 while comparing to the previous closing price of $2.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $465.60 and as low as $1.52. In the recent trading on the day, stock has struck highest price mark of $2.71 while lowest mark touched by it was $2.91.
Taking a look at 20-day trading activity of Faraday Future Intelligent Electric Inc (FFIE) gives us an average price of $4.16, while its current price level is -99.41% below from 52-week high level whereas it is 80.59% 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 $7.90 while that of 200 days or SMA-200 reads an average of $13.98. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.54% during that period while stretching the period over a month that increases to 20.44%. 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 32.67 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 -29.97% down while it is -63.79% when we observe its performance for the past one month. Year-to-date it is -90.09% down and over the past year, the stock is showing a downside performance of -99.23%.
Currently, Faraday Future Intelligent Electric Inc’s total number of outstanding shares is 1.06M. Company’s return on investment (ROI) stands at -169.25% and return on equity (ROE) at -149.51%. Stock’s beta reads 5.64. Stock has a price to book (P/B) ratio of 0.20 while price to sale or P/S ratio amounts to 28.06. Its return on asset (ROA) is -62.17% on average.
