Faraday Future Intelligent Electric Inc (NASDAQ:FFAI) currently has a daily average trading volume of 8.08M but it saw 6391977 shares traded in last market. With a market cap of 147.41M USD, the company’s current market price of $1.51 came rising about 0.67 while comparing to the previous closing price of $1.50. 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 $1.5 while lowest mark touched by it was $1.595.
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 -12.21% down while it is 33.63% when we observe its performance for the past one month. Year-to-date it is -37.86% down and over the past year, the stock is showing a downside performance of -92.67%.
The company is expected to be releasing its next quarterly report in July, 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. Company’s return on investment (ROI) stands at -157.77% and return on equity (ROE) at -186.28%. Stock’s beta reads 4.57. Stock has a price to book (P/B) ratio of 0.94 while price to sale or P/S ratio amounts to 173.42. Its return on asset (ROA) is -69.83% on average.
