The price of Faraday Future Intelligent Electric Inc (NASDAQ:FFAI) shares last traded on Wall Street fell -6.06% to $1.24.
FFAI stock price is now 8.42% away from the 50-day moving average and -40.14% away from the 200-day moving average. The market capitalization of the company currently stands at $121.05M.
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 Apr 17 ’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 $1.24. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 28 ’25, Global Chief Executive Officer Aydt Matthias bought 1 shares of the business’s stock. A total of $100 was incurred on buying the stock at an average price of $100.00. This leaves the insider owning 1 shares of the company worth $1.24. A total of 6.23% of the company’s stock is owned by insiders.
During the past 12 months, Faraday Future Intelligent Electric Inc has had a low of $0.83 and a high of $35.11. As of last week, the company has a debt-to-equity ratio of 0.53, a current ratio of 0.41, and a quick ratio of 0.26.
The net profit margin was -37670.69% and return on equity was -186.28% for FFAI. The company reported revenue of $0.32 million for the quarter, compared to $2000.0 a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 15700.0 percent.