The stock of Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) last traded at $0.26, down -13.01% from the previous session.
Data from the available sources indicates that Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) is covered by 1 analysts. 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 $0.30, this indicates a potential upside of 266566.67 percent. FFIE stock price is now -70.78% away from the 50-day moving average and -98.37% away from the 200-day moving average. The market capitalization of the company currently stands at $4.79M.
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In total, 1 analysts have assigned it a hold rating, and 0 have given it a buy rating. 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 $0.26.
With an opening price of $0.3100 on Monday morning, Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) set off the trading day. During the past 12 months, Faraday Future Intelligent Electric Inc has had a low of $0.24 and a high of $105.60. As of last week, the company has a debt-to-equity ratio of 0.51, a current ratio of 0.67, and a quick ratio of 0.48. The fifty day moving average price for FFIE is $0.8812 and a two-hundred day moving average price translates $15.7968 for the stock.
The latest earnings results from Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) was released for Sep, 2023. According to the Auto Manufacturers Company, earnings per share came in at -$3.78, missing analysts’ expectations of -$3 by -0.78. This compares to -$27.67 EPS in the same period last year. The net profit margin was -97190.93% and return on equity was -194.90% for FFIE. For the current quarter, analysts expect FFIE to generate $2.04M in revenue.
