Faraday Future Intelligent Electric Inc (NASDAQ:FFAI) currently has a daily average trading volume of 13.23M but it saw 63052824 shares traded in last market. With a market cap of 292.87M USD, the company’s current market price of $3.0 came rising about 9.49 while comparing to the previous closing price of $2.74. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.28 and as low as $0.83. In the recent trading on the day, stock has struck highest price mark of $2.88 while lowest mark touched by it was $3.61.
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 20.97% up while it is 111.27% when we observe its performance for the past one month. Year-to-date it is -81.08% down and over the past year, the stock is showing an upside performance of 23.46%.
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 10.69% 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 4.68. Stock has a price to book (P/B) ratio of 1.86 while price to sale or P/S ratio amounts to 344.56. Its return on asset (ROA) is -69.83% on average.
