Faraday Future Intelligent Electric Inc (FFAI) concluded trading on Wednesday at a closing price of $1.32, with 16.69 million shares of worth about $22.03 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -15.92% during that period and on Wednesday the price saw a gain of about 8.20%. Currently the company’s common shares owned by public are about 97.62M shares, out of which, 91.54M shares are available for trading.
Stock saw a price change of 15.79% in past 5 days and over the past one month there was a price change of 0.76%. Year-to-date (YTD), FFAI shares are showing a performance of -45.68% which decreased to -97.23% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.83 but also hit the highest price of $50.00 during that period. The average intraday trading volume for Faraday Future Intelligent Electric Inc shares is 6.67 million. The stock is currently trading 12.44% above its 20-day simple moving average (SMA20), while that difference is up 15.47% for SMA50 and it goes to -37.44% lower than SMA200.
Faraday Future Intelligent Electric Inc (NASDAQ: FFAI) currently have 97.62M outstanding shares and institutions hold larger chunk of about 8.47% of that.
The stock has a current market capitalization of $128.86M and its 3Y-monthly beta is at 4.59. It has posted earnings per share of -$19.46 in the same period. It has Quick Ratio of 0.26 while making debt-to-equity ratio of 0.53. 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 2.53% while standing at 3.91% 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.
