Before Investing In Fisker Inc (NYSE:FSR), Here Are Some Things To Consider

The stock of Fisker Inc (NYSE:FSR) last traded at $2.35, down -3.29% from the previous session.

FSR stock price is now -56.48% away from the 50-day moving average and -60.27% away from the 200-day moving average. The market capitalization of the company currently stands at $806.61M.

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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 $59908.55. 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 $42.15 million. Insiders disposed of 2,662,524 shares of company stock worth roughly $6.26 million over the past 1 year. A total of 44.11% of the company’s stock is owned by insiders.

With an opening price of $2.4300 on Monday morning, Fisker Inc (NYSE: FSR) set off the trading day. During the past 12 months, Fisker Inc has had a low of $2.40 and a high of $8.66. As of last week, the company has a debt-to-equity ratio of 3.44, a current ratio of 1.68, and a quick ratio of 1.05. The fifty day moving average price for FSR is $5.3992 and a two-hundred day moving average price translates $5.9152 for the stock.

The latest earnings results from Fisker Inc (NYSE: FSR) was released for Sep, 2023. According to the Auto Manufacturers Company, earnings per share came in at -$0.21, missing analysts’ expectations of -$0.19 by -0.02. This compares to -$0.36 EPS in the same period last year. The net profit margin was -634.80% and return on equity was -99.48% 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 $384.29M in revenue.

Fisker Inc(FSR) Company Profile

Fisker Inc. develops, manufactures, markets, leases, or sells electric vehicles. It operates through three segments: The White Space, The Value Segment, and The Conservative Premium segments. The company is also involved in asset-light automotive business. In addition, it offers fisker flexible platform agnostic design, a process that develops and designs electric vehicles in specific segment size. The company was incorporated in 2016 and is headquartered in Manhattan Beach, California.

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