Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) is -88.68% lower on its value in year-to-date trading and has touched a low of $0.08 and a high of $117.36 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FFIE stock was last observed hovering at around $0.09 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.08, the stock is -27.02% and -63.25% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 19.52 million and changing -8.30% at the moment leaves the stock -99.54% off its SMA200. FFIE registered -99.89% loss for a year compared to 6-month loss of -97.79%. The firm has a 50-day simple moving average (SMA 50) of $238.43 and a 200-day simple moving average (SMA200) of -$0.29.
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The stock witnessed a -51.96% gain in the last 1 month and extending the period to 3 months gives it a -84.90%, and is -21.60% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.70% over the week and 21.25% over the month.
Profit margin for the company is -97190.93%. Distance from 52-week low is -4.39% and -99.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-141.83%).
Faraday Future Intelligent Electric Inc quarterly earnings per share for the current quarter are estimated at -$3.51 with sales reaching $2.04M over the same period.
Faraday Future Intelligent Electric Inc (FFIE) Top Institutional Holders
44 institutions hold shares in Faraday Future Intelligent Electric Inc (FFIE), with institutional investors hold 3.44% of the company’s shares. The shares outstanding are 42.67M, and float is at 37.40M with Short Float at 40.66%. Institutions hold 3.01% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 0.61 million shares valued at $9.8 million. The investor’s holdings represent 0.04% of the FFIE Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 0.2 million shares valued at $3.18 million to account for 0.01% of the shares outstanding.
Faraday Future Intelligent Electric Inc (FFIE) Insider Activity
The most recent transaction is an insider purchase by Aydt Matthias,the company’sGlobal Chief Exec. Officer. SEC filings show that Aydt Matthias bought 1 shares of the company’s common stock on Dec 21 ’23 at a price of $100.00 per share for a total of $100.0. Following the purchase, the insider now owns 1.0 shares.
Faraday Future Intelligent Electric Inc disclosed in a document filed with the SEC on Jun 16 ’23 that Chen Xuefeng (Global Chief Exec. Officer) bought a total of 1 shares of the company’s common stock. The trade occurred on Jun 16 ’23 and was made at $100.00 per share for $100.0. Following the transaction, the insider now directly holds 1.0 shares of the FFIE stock.
