Faraday Future Intelligent Electric Inc [NASDAQ: FFAI] closed the trading session at $1.05.
The stocks have a year to date performance of -56.79 percent and weekly performance of 13.00 percent. The stock has been moved at -50.47 percent over the last six months. The stock has performed -18.60 percent around the most recent 30 days and changed -27.59 percent over the most recent 3-months.
If compared to the average trading volume of 7.78M shares, FFAI reached to a volume of 12186833 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Faraday Future Intelligent Electric Inc [FFAI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FFAI shares is $96000.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FFAI stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Benchmark Company have made an estimate for Faraday Future Intelligent Electric Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on August 16, 2022. The new note on the price target was released on November 16, 2021, representing the official price target for Faraday Future Intelligent Electric Inc stock. Previously, the target price had yet another raise to $17, while Wedbush analysts kept a Outperform rating on FFAI stock.
The Average True Range (ATR) for Faraday Future Intelligent Electric Inc is set at 0.12, with the Price to Sales ratio for FFAI stock in the period of the last 12 months amounting to 186.37. The Price to Book ratio for the last quarter was 0.60, with the Price to Cash per share for the same quarter was set at 0.07.
FFAI stock trade performance evaluation
Faraday Future Intelligent Electric Inc [FFAI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.00. With this latest performance, FFAI shares dropped by -18.60% in over the last four-week period, additionally sinking by -50.47% over the last 6 months – not to mention a drop of -51.39% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FFAI stock in for the last two-week period is set at 47.83, with the RSI for the last a single of trading hit 51.45, and the three-weeks RSI is set at 46.22 for Faraday Future Intelligent Electric Inc [FFAI]. The present Moving Average for the last 50 days of trading for this stock 1.2475, while it was recorded at 0.9646 for the last single week of trading, and 3.5730 for the last 200 days.
Faraday Future Intelligent Electric Inc [FFAI]: An insightful look at the core fundamentals
Faraday Future Intelligent Electric Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.23 and a Current Ratio set at 0.37.
Faraday Future Intelligent Electric Inc [FFAI]: Institutional Ownership
There are presently around $6.70%, or 7.20%% of FFAI stock, in the hands of institutional investors.
