Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) shares traded -4.82% lower at $0.34 on Wall Street last session.
FFIE stock price is now -43.74% away from the 50-day moving average and -59.97% away from the 200-day moving average. The market capitalization of the company currently stands at $149.90M.
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On November 16, 2021, Wedbush Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock keeping its target price maintained at $10
In other news, Aydt Matthias, Global Chief Exec. Officer bought 1 shares of the company’s stock on Jun 21 ’24. The stock was bought for $100 at an average price of $100.00. Upon completion of the transaction, the Global Chief Exec. Officer now directly owns 1 shares in the company, valued at $0.34. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 21 ’23, Global Chief Exec. Officer Aydt Matthias bought 1 shares of the business’s stock. A total of $100 was incurred on buying the stock at an average price of $100.00. This leaves the insider owning 1 shares of the company worth $0.34. A total of 0.07% of the company’s stock is owned by insiders.
During the past 12 months, Faraday Future Intelligent Electric Inc has had a low of $0.04 and a high of $83.64. As of last week, the company has a debt-to-equity ratio of 0.63, a current ratio of 0.35, and a quick ratio of 0.22. The fifty day moving average price for FFIE is $0.59622 and a two-hundred day moving average price translates $0.831845 for the stock.
The latest earnings results from Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) was released for 2023-12-31. The net profit margin was -55069.39% and return on equity was -201.17% for FFIE.
