With over 20.36 million Faraday Future Intelligent Electric Inc (FFIE) shares trading Friday and a closing price of $0.35 on the day, the dollar volume was approximately $7.12 million. The shares have shown a negative half year performance of -98.17% and its price on 12/22/23 lost nearly -5.02%.
Insiders at the company have transacted a total of 9 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 9 of these insider trades were purchases, accounting for 1,333,667 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
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However, the script later moved the day high at 0.3930, down -5.02%. The company’s stock has a 5-day price change of 29.55% and -88.35% over the past three months. FFIE shares are trading -98.51% year to date (YTD), with the 12-month market performance down to -98.88% lower. It has a 12-month low price of $0.22 and touched a high of $105.60 over the same period. FFIE has an average intraday trading volume of 10.11 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.28%, -51.86%, and -97.50% respectively.
Institutional ownership of Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) shares accounts for 14.62% of the company’s 7.04M shares outstanding.
It has a market capitalization of $6.43M and a beta (3y monthly) value of 1.86. The earnings-per-share (ttm) stands at -$59.89. Price movements for the stock have been influenced by the stock’s volatility, which stands at 20.97% over the week and 18.08% over the month.
Analysts forecast that Faraday Future Intelligent Electric Inc (FFIE) will achieve an EPS of -$1.17 for the current quarter, -$1.29 for the next quarter and -$5.13 for 2024. The lowest estimate earnings-per-share for the quarter is -$1.17 while analysts give the company a high EPS estimate of -$1.17. Comparatively, EPS for the current quarter was -$25.6 a year ago. Earnings per share for the fiscal year are expected to increase by 86.67%, and 67.92% over the next financial year.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 1 brokerage firm advisors rate Faraday Future Intelligent Electric Inc (FFIE) as a “Hold” at a consensus score of 3.00. Specifically, 0 Wall Street analysts polled rate the stock as a buy, while 1 of the 1 advise that investors “hold,” and 0 rated it as a “Sell.”
