The stock of Faraday Future Intelligent Electric Inc. (FFIE) has seen a -23.68% decrease in the past week, with a -40.78% drop in the past month, and a -24.24% decrease in the past quarter. The volatility ratio for the week is 17.28%, and the volatility levels for the past 30 days are at 12.97% for FFIE. The simple moving average for the last 20 days is -24.89% for FFIE stock, with a simple moving average of -71.20% for the last 200 days.
Is It Worth Investing in Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) Right Now?
There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
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The average price estimated by analysts for FFIE is $10.00, The public float for FFIE is 445.44M, and at present, short sellers hold a 25.95% of that float. The average trading volume of FFIE on March 16, 2023 was 52.09M shares.
FFIE) stock’s latest price update
Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE)’s stock price has decreased by -5.15 compared to its previous closing price of 0.43. but the company has seen a -23.68% decline in its stock price over the last five trading sessions. The Wall Street Journal reported on 09/26/22 that Faraday Future Secures Financing, Strikes Deal With Shareholder
Analysts’ Opinion of FFIE
The stock of Faraday Future Intelligent Electric Inc. (FFIE) has seen a -23.68% decrease in the past week, with a -40.78% drop in the past month, and a -24.24% decrease in the past quarter. The volatility ratio for the week is 17.28%, and the volatility levels for the past 30 days are at 12.97% for FFIE. The simple moving average for the last 20 days is -24.89% for FFIE stock, with a simple moving average of -71.20% for the last 200 days.
Analysts’ Opinion of FFIE
Wedbush, on the other hand, stated in their research note that they expect to see FFIE reach a price target of $10. The rating they have provided for FFIE stocks is “Neutral” according to the report published on November 16th, 2021.
Wedbush gave a rating of “Outperform” to FFIE, setting the target price at $17 in the report published on August 17th of the previous year.
FFIE Trading at -33.93% from the 50-Day Moving Average
After a stumble in the market that brought FFIE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -94.86% of loss for the given period.
Volatility was left at 12.97%, however, over the last 30 days, the volatility rate increased by 17.28%, as shares sank -40.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +43.58% upper at present.
During the last 5 trading sessions, FFIE fell by -26.33%, which changed the moving average for the period of 200-days by -87.80% in comparison to the 20-day moving average, which settled at $0.5232. In addition, Faraday Future Intelligent Electric Inc. saw 38.86% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for FFIE
Equity return is now at value -171.70, with -99.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.25.
Conclusion
In summary, Faraday Future Intelligent Electric Inc. (FFIE) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
