Moreover, the 36-month beta value for FFIE is 2.12. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The average price recommended by analysts for Faraday Future Intelligent Electric Inc. (FFIE) is $800.00, The public float for FFIE is 15.88M and currently, short sellers hold a 24.98% of that float. On September 19, 2023, FFIE’s average trading volume was 2.35M shares.
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FFIE) stock’s latest price update
Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE)’s stock price has dropped by -8.41 in relation to previous closing price of 5.11. Nevertheless, the company has seen a gain of 31.65% in its stock price over the last five trading days. InvestorPlace reported 2023-09-15 that Shares of Faraday Future (NASDAQ: FFIE ) are up more than 10% today. That has investors wondering whether this is the effect of a short squeeze and if there is more gas in the tank to fuel the rise.
FFIE’s Market Performance
FFIE’s stock has risen by 31.65% in the past week, with a monthly drop of -78.73% and a quarterly drop of -86.99%. The volatility ratio for the week is 26.37% while the volatility levels for the last 30 days are 20.87% for Faraday Future Intelligent Electric Inc. The simple moving average for the past 20 days is -46.60% for FFIE’s stock, with a -83.28% simple moving average for the past 200 days.
FFIE Trading at -71.72% 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 -95.57% of loss for the given period.
Volatility was left at 20.87%, however, over the last 30 days, the volatility rate increased by 26.37%, as shares sank -76.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -70.00% lower at present.
During the last 5 trading sessions, FFIE rose by +31.65%, which changed the moving average for the period of 200-days by -83.51% in comparison to the 20-day moving average, which settled at $8.00. In addition, Faraday Future Intelligent Electric Inc. saw -79.85% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FFIE starting from Chen Xuefeng, who purchase 1 shares at the price of $100.00 back on Jun 16. After this action, Chen Xuefeng now owns 1 shares of Faraday Future Intelligent Electric Inc., valued at $100 using the latest closing price.
Stock Fundamentals for FFIE
The total capital return value is set at -84.52, while invested capital returns managed to touch -130.93. Equity return is now at value -225.90, with -104.30 for asset returns.
Based on Faraday Future Intelligent Electric Inc. (FFIE), the company’s capital structure generated 37.22 points at debt to equity in total, while total debt to capital is 27.13. Total debt to assets is 12.96, with long-term debt to equity ratio resting at 27.70. Finally, the long-term debt to capital ratio is 20.19.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.32.
Conclusion
To wrap up, the performance of Faraday Future Intelligent Electric Inc. (FFIE) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
