Fisker Inc. (NYSE:FSR) went up by 0.72% from its latest closing price compared to the recent 1-year high of $23.63. The company’s stock price has collected -4.58% of loss in the last five trading sessions. Barron’s reported on 02/16/21 that Lucid Motors Won’t Confirm It’s Merging With Churchill. The SPAC Is Up 30%.
Is It Worth Investing in Fisker Inc. (NYSE :FSR) Right Now?
Fisker Inc. (NYSE:FSR) scored a price-to-earnings ratio above its average ratio, recording 953.68 x from its present earnings ratio. Opinions of the stock are interesting as 4 analysts out of 7 who provided ratings for Fisker Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 1 as “sell.”
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The average price from analysts is $21.50, which is $3.08 above the current price. FSR currently public float of 133.84M and currently shorts hold a 7.22% ratio of that float. Today, the average trading volume of FSR was 12.67M shares.
FSR’s Market Performance
FSR stocks went down by -4.58% for the week, with a monthly jump of 20.88% and a quarterly performance of 6.53%, while its annual performance rate touched 77.65%. The volatility ratio for the week stands at 7.54% while the volatility levels for the past 30 days are set at 7.94% for Fisker Inc.. The simple moving average for the period of the last 20 days is 12.53% for FSR stocks with a simple moving average of 32.45% for the last 200 days.
Analysts’ Opinion of FSR
Many brokerage firms have already submitted their reports for FSR stocks, with R. F. Lafferty repeating the rating for FSR by listing it as a “Buy.” The predicted price for FSR in the upcoming period, according to R. F. Lafferty is $23 based on the research report published on February 17th of the current year 2021.
Morgan Stanley, on the other hand, stated in their research note that they expect to see FSR reach a price target of $27. The rating they have provided for FSR stocks is “Overweight” according to the report published on February 12th, 2021.
FSR Trading at 14.79% from the 50-Day Moving Average
After a stumble in the market that brought FSR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.30% of loss for the given period.
Volatility was left at 7.94%, however, over the last 30 days, the volatility rate increased by 7.54%, as shares surge +21.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.29% upper at present.
During the last 5 trading sessions, FSR fell by -4.58%, which changed the moving average for the period of 200-days by +78.52% in comparison to the 20-day moving average, which settled at $16.27. In addition, Fisker Inc. saw 23.69% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for FSR
Equity return is now at value 0.20, with 0.20 for asset returns.