Faraday Future Intelligent Electric Inc (NASDAQ:FFAI) currently has a daily average trading volume of 8.27M but it saw 4078784 shares traded in last market. With a market cap of 88.50M USD, the company’s current market price of $1.04 came falling about -5.45 while comparing to the previous closing price of $1.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $156.00 and as low as $0.98. In the recent trading on the day, stock has struck highest price mark of $1.01 while lowest mark touched by it was $1.09.
Taking a look at 20-day trading activity of Faraday Future Intelligent Electric Inc (FFAI) gives us an average price of $1.1955, while its current price level is -99.33% below from 52-week high level whereas it is 6.12% 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 $1.3268 while that of 200 days or SMA-200 reads an average of $4.3950. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.36% during that period while stretching the period over a month that decreases to 9.46%. 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 38.71 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 -6.31% down while it is -19.38% when we observe its performance for the past one month. Year-to-date it is -57.20% down and over the past year, the stock is showing a downside performance of -76.74%.
The company is expected to be releasing its next quarterly report in May, 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 85.10M with 6.88% of that held by the insiders while 6.70% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -178.12% and return on equity (ROE) at -207.37%. Stock’s beta reads 4.74. Stock has a price to book (P/B) ratio of 0.60 while price to sale or P/S ratio amounts to 163.90. Its return on asset (ROA) is -68.43% on average.
