Faraday Future Intelligent Electric Inc (FFAI) concluded trading on Wednesday at a closing price of $1.24, with 5.71 million shares of worth about $7.08 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -65.98% during that period and on Wednesday the price saw a gain of about 2.48%. Currently the company’s common shares owned by public are about 72.94M shares, out of which, 67.11M shares are available for trading.
Stock saw a price change of -3.88% in past 5 days and over the past one month there was a price change of -21.52%. Year-to-date (YTD), FFAI shares are showing a performance of -48.97% which decreased to -68.01% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.99 but also hit the highest price of $156.00 during that period. The average intraday trading volume for Faraday Future Intelligent Electric Inc shares is 17.21 million. The stock is currently trading -8.42% below its 20-day simple moving average (SMA20), while that difference is down -14.94% for SMA50 and it goes to -79.15% lower than SMA200.
Faraday Future Intelligent Electric Inc (NASDAQ: FFAI) currently have 72.94M outstanding shares and institutions hold larger chunk of about 5.04% of that.
The stock has a current market capitalization of $90.45M and its 3Y-monthly beta is at 4.73. It has posted earnings per share of -$122.17 in the same period. It has Quick Ratio of 0.21 while making debt-to-equity ratio of 0.74. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FFAI, volatility over the week remained 6.13% while standing at 9.89% over the month.
Coverage by Wedbush stated Faraday Future Intelligent Electric Inc (FFAI) stock as a Neutral in their note to investors on November 16, 2021, suggesting a price target of $10 for the stock.
