Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) shares traded 78.41% higher at $3.14 on Wall Street last session.
FFIE stock price is now 101.80% away from the 50-day moving average and -63.66% away from the 200-day moving average. The market capitalization of the company currently stands at $189.78M.
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, Chen Chad, Director sold 15,000 shares of the company’s stock on Nov 25 ’24. The stock was sold for $23,550 at an average price of $1.57. Upon completion of the transaction, the Director now directly owns 7,943 shares in the company, valued at $24941.02. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 21 ’24, Global Chief Exec. 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 $3.14. A total of 9.57% 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 fifty day moving average price for FFIE is $1.5378 and a two-hundred day moving average price translates $8.648275 for the stock.
The latest earnings results from Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) was released for 2024-06-30. 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.
