Faraday Future Intelligent Electric Inc (NASDAQ:FFAI) currently has a daily average trading volume of 17.26M but it saw 7109390 shares traded in last market. With a market cap of 94.10M USD, the company’s current market price of $1.29 came rising about 4.03 while comparing to the previous closing price of $1.24. 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 $1.2113 while lowest mark touched by it was $1.36.
Taking a look at 20-day trading activity of Faraday Future Intelligent Electric Inc (FFAI) gives us an average price of $1.3355, while its current price level is -99.17% below from 52-week high level whereas it is 29.86% 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 $1.4354 while that of 200 days or SMA-200 reads an average of $5.8364. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.08% during that period while stretching the period over a month that increases to 9.60%. 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 46.20 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, FFAI’s stock price is moving 4.88% up while it is -25.43% when we observe its performance for the past one month. Year-to-date it is -46.91% down and over the past year, the stock is showing a downside performance of -69.29%.
The company is expected to be releasing its next quarterly report in April, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Faraday Future Intelligent Electric Inc’s total number of outstanding shares is 72.94M with 6.55% of that held by the insiders while 9.30% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -159.37% and return on equity (ROE) at -152.13%. Stock’s beta reads 4.75. Stock has a price to book (P/B) ratio of 0.25 while price to sale or P/S ratio amounts to 174.26. Its return on asset (ROA) is -61.91% on average.
