The stock of Fisker Inc (FSR) has seen a -36.72% decrease in the past week, with a -57.44% drop in the past month, and a -56.84% decrease in the past quarter. The volatility ratio for the week is 15.30%, and the volatility levels for the past 30 days are at 9.46% for FSR. The simple moving average for the past 20 days is -44.28% for FSR’s stock, with a -59.13% simple moving average for the past 200 days.

Is It Worth Investing in Fisker Inc (NYSE: FSR) Right Now?

Moreover, the 36-month beta value for FSR is 0.83. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 4 as “sell.”

The average price recommended by analysts for Fisker Inc (FSR) is $5.90, which is $3.47 above the current market price. The public float for FSR is 191.82M and currently, short sellers hold a 44.90% of that float. On November 20, 2023, FSR’s average trading volume was 8.24M shares.

FSR) stock’s latest price update

Fisker Inc (NYSE: FSR)’s stock price has plunge by -13.52relation to previous closing price of 2.81. Nevertheless, the company has seen a -36.72% plunge in its stock price over the last five trading sessions. The Motley Fool reported 2023-11-19 that Fisker Automotive is realizing weaker customer demand now that it has ramped up production and deliveries.

Analysts’ Opinion of FSR

Many brokerage firms have already submitted their reports for FSR stocks, with BofA Securities repeating the rating for FSR by listing it as a “Buy.” The predicted price for FSR in the upcoming period, according to BofA Securities is $8 based on the research report published on September 26, 2023 of the current year 2023.

FSR Trading at -55.62% 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 -72.04% of loss for the given period.

Volatility was left at 9.46%, however, over the last 30 days, the volatility rate increased by 15.30%, as shares sank -55.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -61.06% lower at present.

During the last 5 trading sessions, FSR fell by -36.72%, which changed the moving average for the period of 200-days by -71.04% in comparison to the 20-day moving average, which settled at $4.21. In addition, Fisker Inc saw -66.57% 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 FSR starting from Huhnke Burkhard J., who sale 10,280 shares at the price of $5.93 back on Mar 28. After this action, Huhnke Burkhard J. now owns 25,493 shares of Fisker Inc, valued at $60,960 using the latest closing price.

FIFTHDELTA Ltd, the 10% Owner of Fisker Inc, sale 1,529,026 shares at $6.55 during a trade that took place back on Feb 13, which means that FIFTHDELTA Ltd is holding 17,937,500 shares at $10,015,120 based on the most recent closing price.

Stock Fundamentals for FSR

Current profitability levels for the company are sitting at:

• -155042.40 for the present operating margin
• -3411.99 for the gross margin

The net margin for Fisker Inc stands at -160086.55. The total capital return value is set at -39.94, while invested capital returns managed to touch -41.42. Equity return is now at value -99.48, with -24.41 for asset returns.

Based on Fisker Inc (FSR), the company’s capital structure generated 144.80 points at debt to equity in total, while total debt to capital is 59.15. Total debt to assets is 45.91, with long-term debt to equity ratio resting at 143.33. Finally, the long-term debt to capital ratio is 58.55.

When we switch over and look at the enterprise to sales, we see a ratio of 10.81, with the company’s debt to enterprise value settled at 0.32. The receivables turnover for the company is 0.02 and the total asset turnover is 0.00. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.51.

Conclusion

To wrap up, the performance of Fisker Inc (FSR) has been bad in recent times. The stock has received a bullish 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.