Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) currently has a daily average trading volume of 15.02M but it saw 17812898 shares traded in last market. With a market cap of 94.29M USD, the company’s current market price of $2.08 came falling about -3.26 while comparing to the previous closing price of $2.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $156.00 and as low as $0.99. In the recent trading on the day, stock has struck highest price mark of $1.855 while lowest mark touched by it was $2.135.
Taking a look at 20-day trading activity of Faraday Future Intelligent Electric Inc (FFIE) gives us an average price of $1.75, while its current price level is -98.67% below from 52-week high level whereas it is 109.38% 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 $1.62 while that of 200 days or SMA-200 reads an average of $8.59. A closer look into the stock’s movement over the week reveals that its volatility is standing at 29.46% during that period while stretching the period over a month that decreases to 23.71%. 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 52.26 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 -14.40% down while it is 76.27% when we observe its performance for the past one month. Year-to-date it is -14.40% down and over the past year, the stock is showing a downside performance of -90.82%.
Currently, Faraday Future Intelligent Electric Inc’s total number of outstanding shares is 45.33M. Company’s return on investment (ROI) stands at -159.37% and return on equity (ROE) at -152.13%. Stock’s beta reads 4.91. Stock has a price to book (P/B) ratio of 0.41 while price to sale or P/S ratio amounts to 174.61. Its return on asset (ROA) is -61.91% on average.
