Faraday Future Intelligent Electric Inc [NASDAQ: FFAI] loss -8.61% or -0.13 points to close at $1.38 with a heavy trading volume of 14483222 shares.
It opened the trading session at $1.53, the shares rose to $1.54 and dropped to $1.37, the range by which the price of stock traded the whole day. The daily chart for FFAI points out that the company has recorded 7.81% gains over the past six months.
If we look at the average trading volume of 17.56M shares, FFAI reached to a volume of 14483222 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Faraday Future Intelligent Electric Inc [FFAI]:
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 Price to Book ratio for the last quarter was 2.83, with the Price to Cash per share for the same quarter was set at 0.09.
Trading performance analysis for FFAI stock
Faraday Future Intelligent Electric Inc [FFAI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -22.03. With this latest performance, FFAI shares dropped by -42.02% in over the last four-week period, additionally plugging by 7.81% over the last 6 months – not to mention a drop of -43.21% 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 31.25, with the RSI for the last a single of trading hit 0.1611, and the three-weeks RSI is set at 0.1999 for Faraday Future Intelligent Electric Inc [FFAI]. The present Moving Average for the last 50 days of trading for this stock 2.1850, while it was recorded at 1.5660 for the last single week of trading, and 1.6054 for the last 200 days.
Faraday Future Intelligent Electric Inc [FFAI]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Faraday Future Intelligent Electric Inc [FFAI] shares currently have an operating margin of -27053.09% and a Gross Margin at -14666.29%. Faraday Future Intelligent Electric Inc’s Net Margin is presently recorded at -54938.44%.
Faraday Future Intelligent Electric Inc (FFAI) Capital Structure & Debt Analysis
According to recent financial data for Faraday Future Intelligent Electric Inc. ( FFAI), the Return on Equity (ROE) stands at -320.23%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -77.87%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Faraday Future Intelligent Electric Inc’s Return on Invested Capital (ROIC) is -249.44%, showcasing its effectiveness in deploying capital for earnings.
Faraday Future Intelligent Electric Inc (FFAI) Efficiency & Liquidity Metrics
Based on Faraday Future Intelligent Electric Inc’s (FFAI) latest financial statements, the Debt-to-Equity Ratio is 1.46%, indicating its reliance on debt financing relative to shareholder equity.
Faraday Future Intelligent Electric Inc (FFAI) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Faraday Future Intelligent Electric Inc. (FFAI) effectively leverages its workforce, generating an average of -$1354698.8 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.34% and a Quick Ratio of 0.24%, indicating strong ability to cover short-term liabilities.
Faraday Future Intelligent Electric Inc [FFAI]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Faraday Future Intelligent Electric Inc posted -3072/share EPS, while the average EPS was predicted by analysts to be reported at -1728/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -1344. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FFAI.
An analysis of Institutional ownership at Faraday Future Intelligent Electric Inc [FFAI]
There are presently around $13.64%, or 14.24%% of FFAI stock, in the hands of institutional investors.
