Faraday Future Intelligent Electric Inc (NASDAQ:FFAI) currently has a daily average trading volume of 6.67M but it saw 2731707 shares traded in last market. With a market cap of 107.39M USD, the company’s current market price of $1.10 came falling about -3.51 while comparing to the previous closing price of $1.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $66.40 and as low as $0.83.
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 -4.35% down while it is 27.01% when we observe its performance for the past one month. Year-to-date it is -54.73% down and over the past year, the stock is showing a downside performance of -97.33%.
The company is expected to be releasing its next quarterly report in June, 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 97.62M with 6.11% of that held by the insiders while 10.54% 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 4.62. Stock has a price to book (P/B) ratio of 0.68 while price to sale or P/S ratio amounts to 126.34. Its return on asset (ROA) is -69.83% on average.
