The price of Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) shares last traded on Wall Street fell -16.14% to $0.79.
Based on available information, 1 analysts follow Faraday Future Intelligent Electric Inc (NASDAQ:FFIE). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $800.00 and a low of $800.00, we find $800.00. Given the previous closing price of $0.94, this indicates a potential upside of 85006.38 percent. FFIE stock price is now -66.72% away from the 50-day moving average and -96.37% away from the 200-day moving average. The market capitalization of the company currently stands at $14.69M.
Among analysts, 1 rate the stock a hold while 0 rate it a buy. Brokers who have rated the stock have averaged $800.00 as their price target over the next twelve months.
In other news, Chen Xuefeng, Global Chief Exec. Officer bought 1 shares of the company’s stock on Jun 16. The stock was bought for $100 at an average price of $100.00. Upon completion of the transaction, the Global Chief Exec. Officer now directly owns 1 shares in the company, valued at $0.79. A total of 7.18% of the company’s stock is owned by insiders.
A candlestick chart of Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) showed a price of $0.9700 on Friday morning. During the past 12 months, Faraday Future Intelligent Electric Inc has had a low of $0.93 and a high of $105.60. As of last week, the company has a debt-to-equity ratio of 0.40, a current ratio of 0.56, and a quick ratio of 0.51. The fifty day moving average price for FFIE is $2.2388 and a two-hundred day moving average price translates $21.4420 for the stock.
The latest earnings results from Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) was released for Jun, 2023. According to the Auto Manufacturers Company, earnings per share came in at -$8, missing analysts’ expectations of -$6.4 by -1.6. This compares to -$35.13 EPS in the same period last year. For the current quarter, analysts expect FFIE to generate $3M in revenue.
Faraday Future Intelligent Electric Inc(FFIE) Company Profile
Faraday Future Intelligent Electric Inc. engages in the design, development, manufacture, engineering, sale, and distribution of electric vehicles and related products in the United States. The company was incorporated in 2014 and is headquartered in Los Angeles, California.
