[breadcrumb_custom]

Faraday Future Intelligent Electric Inc: Navigating a Turbulent Year, Up -99.47% from 52-Week Low

The stock of Faraday Future Intelligent Electric Inc (FFIE) is currently priced at $0.56. In the last session, the stock climbed significantly, topping out at $0.825 after opening at $0.825. The day’s lowest price was $0.6634 before the stock closed at $0.68.

The market performance of Faraday Future Intelligent Electric Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $105.60 on 02/06/23, while the lowest value for the same duration was $0.66 on 11/16/23.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.

Sponsored

52-week price history of FFIE Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Faraday Future Intelligent Electric Inc’s current trading price is -99.47% away from its 52-week high, while its distance from the 52-week low is -15.32%. The stock’s price range during this period has spanned from $0.66 to $105.60. In the Consumer Cyclical sector, the Faraday Future Intelligent Electric Inc’s shares surpassed a trading volume of approximately 7.26 million for the day, which was noticeably higher compared to the average daily volume of 9.5.63 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Faraday Future Intelligent Electric Inc (FFIE) has experienced a quarterly decline of -97.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 10.45M and boasts a workforce of 586 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 9.9288, with a change in price of -18.4107. Similarly, Faraday Future Intelligent Electric Inc recorded 3,967,103 in trading volume during the last 100 days, posting a change of -97.06%.

Examining FFIE’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for FFIE stands at 0.51. Similarly, the long-term debt-to-equity ratio is also 0.44.

FFIE Stock Stochastic Average

Today’s raw stochastic average for Faraday Future Intelligent Electric Inc over the last 50 days is 0.14%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 1.06%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 2.71% and 4.98%, respectively.

FFIE Stock Price Performance Analysis

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The metric has seen a significant loss of -97.58% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -96.79%. Over the past 30 days, the price of FFIE has leaped by -67.71%. And in the last five days, it has fallen by -40.37%.

Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts