Faraday Future Intelligent Electric Inc (NASDAQ:FFAI) currently has a daily average trading volume of 7.43M but it saw 23291933 shares traded in last market. With a market cap of 149.36M USD, the company’s current market price of $1.53 came falling about -11.05 while comparing to the previous closing price of $1.72. In past 52 weeks, the stock remained buoying in the range of price level as high as $27.60 and as low as $0.83. In the recent trading on the day, stock has struck highest price mark of $1.52 while lowest mark touched by it was $1.95.
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 24.39% up while it is 29.66% when we observe its performance for the past one month. Year-to-date it is -37.04% down and over the past year, the stock is showing a downside performance of -93.17%.
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 4.59. Stock has a price to book (P/B) ratio of 0.95 while price to sale or P/S ratio amounts to 175.72. Its return on asset (ROA) is -69.83% on average.
