Faraday Future Intelligent Electric Inc (NASDAQ:FFAI) currently has a daily average trading volume of 9.87M but it saw 21842719 shares traded in last market. With a market cap of 220.62M USD, the company’s current market price of $2.26 came rising about 11.33 while comparing to the previous closing price of $2.03. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.80 and as low as $0.83. In the recent trading on the day, stock has struck highest price mark of $1.98 while lowest mark touched by it was $2.31.
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 26.97% up while it is 50.67% when we observe its performance for the past one month. Year-to-date it is -86.61% down and over the past year, the stock is showing a downside performance of -7.00%.
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 4.63. Stock has a price to book (P/B) ratio of 1.40 while price to sale or P/S ratio amounts to 259.56. Its return on asset (ROA) is -69.83% on average.
