Faraday Future Intelligent Electric Inc (NASDAQ:FFAI) currently has a daily average trading volume of 7.25M but it saw 3918646 shares traded in last market. With a market cap of 111.29M USD, the company’s current market price of $1.14 came falling about -0.87 while comparing to the previous closing price of $1.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $156.00 and as low as $0.83.
Taking a look at 20-day trading activity of Faraday Future Intelligent Electric Inc (FFAI) gives us an average price of $1.1231, while its current price level is -99.27% below from 52-week high level whereas it is 37.18% 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 $1.1635 while that of 200 days or SMA-200 reads an average of $2.5153. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.52% during that period while stretching the period over a month that increases to 11.65%. 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 49.24 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 -6.56% down while it is 11.76% when we observe its performance for the past one month. Year-to-date it is -53.09% down and over the past year, the stock is showing a downside performance of -53.28%.
Currently, Faraday Future Intelligent Electric Inc’s total number of outstanding shares is 97.62M with 6.11% of that held by the insiders while 10.80% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -157.77% and return on equity (ROE) at -186.28%. Stock’s beta reads 4.59. Stock has a price to book (P/B) ratio of 0.71 while price to sale or P/S ratio amounts to 130.93. Its return on asset (ROA) is -69.83% on average.
