Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) shares traded 9.49% higher at $1.73 on Wall Street last session.
FFIE stock price is now 11.00% away from the 50-day moving average and -79.37% away from the 200-day moving average. The market capitalization of the company currently stands at $126.19M.
On November 16, 2021, Wedbush Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock keeping its target price maintained at $10
In other news, Aydt Matthias, Global Chief Executive Officer bought 1 shares of the company’s stock on Jan 28 ’25. The stock was bought for $100 at an average price of $100.00. Upon completion of the transaction, the Global Chief Executive Officer now directly owns 1 shares in the company, valued at $1.73. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 25 ’24, Director Chen Chad sold 15,000 shares of the business’s stock. A total of $23,550 was realized by selling the stock at an average price of $1.57. This leaves the insider owning 7,943 shares of the company worth $13741.39. A total of 4.35% of the company’s stock is owned by insiders.
During the past 12 months, Faraday Future Intelligent Electric Inc has had a low of $0.99 and a high of $156.00. As of last week, the company has a debt-to-equity ratio of 0.74, a current ratio of 0.32, and a quick ratio of 0.21.
The net profit margin was -59289.57% and return on equity was -152.13% for FFIE. The company reported revenue of $9000.0 for the quarter, compared to $0.55 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -98.37 percent.
