The price of Fisker Inc (NYSE:FSR) shares last traded on Wall Street unchanged to $4.37.
Based on available information, 12 analysts follow Fisker Inc (NYSE:FSR). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $19.00 and a low of $4.00, we find $8.00. Given the previous closing price of $4.37, this indicates a potential upside of 83.07 percent. FSR stock price is now -25.21% away from the 50-day moving average and -28.24% away from the 200-day moving average. The market capitalization of the company currently stands at $1.50B.
Among analysts, 4 rate the stock a hold while 5 rate it a buy. Brokers who have rated the stock have averaged $8.72 as their price target over the next twelve months.
In other news, Huhnke Burkhard J., Chief Technology Officer sold 10,280 shares of the company’s stock on Mar 28. The stock was sold for $60,960 at an average price of $5.93. Upon completion of the transaction, the Chief Technology Officer now directly owns 25,493 shares in the company, valued at $0.11 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 13, 10% Owner FIFTHDELTA Ltd sold 1,529,026 shares of the business’s stock. A total of $10,015,120 was realized by selling the stock at an average price of $6.55. This leaves the insider owning 17,937,500 shares of the company worth $78.39 million. Insiders disposed of 2,662,524 shares of company stock worth roughly $11.64 million over the past 1 year. A total of 44.11% of the company’s stock is owned by insiders.
A candlestick chart of Fisker Inc (NYSE: FSR) showed a price of $4.3600 on Tuesday morning. During the past 12 months, Fisker Inc has had a low of $4.19 and a high of $8.85. As of last week, the company has a debt-to-equity ratio of 1.68, a current ratio of 1.44, and a quick ratio of 1.05. The fifty day moving average price for FSR is $5.8432 and a two-hundred day moving average price translates $6.0899 for the stock.
The latest earnings results from Fisker Inc (NYSE: FSR) was released for Jun, 2023. According to the Auto Manufacturers Company, earnings per share came in at -$0.25, beating analysts’ expectations of -$0.28 by 0.03. This compares to -$0.36 EPS in the same period last year. The net profit margin was -38913.48% and return on equity was -101.40% for FSR. The company reported revenue of $0.82 million for the quarter, compared to $10000.0 a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8150.0 percent. For the current quarter, analysts expect FSR to generate $109.03M in revenue.
