The Impact of Market Fluctuations on Faraday Future Intelligent Electric Inc’s (FFIE) Stock

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The stock of Faraday Future Intelligent Electric Inc (FFIE) has gone down by -5.80% for the week, with a -29.90% drop in the past month and a -84.46% drop in the past quarter. The volatility ratio for the week is 6.72%, and the volatility levels for the past 30 days are 10.44% for FFIE. The simple moving average for the past 20 days is -13.13% for FFIE’s stock, with a -80.70% simple moving average for the past 200 days.

Is It Worth Investing in Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) Right Now?

Company’s 36-month beta value is 5.62.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The average trading volume of FFIE on October 25, 2024 was 10.11M shares.

FFIE) stock’s latest price update

Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) has experienced a rise in its stock price by 5.50 compared to its previous closing price of 2.00. However, the company has seen a fall of -5.80% in its stock price over the last five trading days. businesswire.com reported 2024-10-24 that LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or “the Company”), a California-based leader in the shared intelligent electric mobility ecosystem, has officially announced a co-investment agreement with Master Investment Group, owned by Sheikh Abdulla Al Qassimi, a member of the royal family and Deputy Chairman of Customs in Ras Al Khaimah. This collaboration is for the development of the Company’s future headquarters in Ras Al Kha.

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 -42.39% 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 -98.65% of loss for the given period.

Volatility was left at 10.44%, however, over the last 30 days, the volatility rate increased by 6.72%, as shares sank -22.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -57.57% lower at present.

During the last 5 trading sessions, FFIE fell by -3.93%, which changed the moving average for the period of 200-days by -89.36% in comparison to the 20-day moving average, which settled at $2.43. In addition, Faraday Future Intelligent Electric Inc saw -92.38% 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 Aydt Matthias, who purchase 1 shares at the price of $100.00 back on Jun 21 ’24. After this action, Aydt Matthias now owns 1 shares of Faraday Future Intelligent Electric Inc, valued at $100 using the latest closing price.

Aydt Matthias, the Global Chief Exec. Officer of Faraday Future Intelligent Electric Inc, purchase 1 shares at $100.00 during a trade that took place back on Dec 21 ’23, which means that Aydt Matthias is holding 1 shares at $100 based on the most recent closing price.

Stock Fundamentals for FFIE

Current profitability levels for the company are sitting at:

  • -12.83 for the present operating margin
  • -3.51 for the gross margin

The net margin for Faraday Future Intelligent Electric Inc stands at -18.52. The total capital return value is set at -1.16. Equity return is now at value -149.51, with -62.17 for asset returns.

Based on Faraday Future Intelligent Electric Inc (FFIE), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at -1.08. The debt to equity ratio resting at 0.91. The interest coverage ratio of the stock is -68.55.

Currently, EBITDA for the company is -473.6 million with net debt to EBITDA at -0.33. When we switch over and look at the enterprise to sales, we see a ratio of 9.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.26.

Conclusion

In a nutshell, Faraday Future Intelligent Electric Inc (FFIE) has experienced a bad performance in recent times. The stock has received mixed “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.

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