During the last session, Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE)’s traded shares were 1.7 million. At the end of the trading day, the stock’s price was $2.43, reflecting an intraday loss of 0.00% or $0.0. The 52-week high for the FFIE share is $17.48, that puts it down -619.34 from that peak though still a striking 32.1% gain since the share price plummeted to a 52-week low of $1.65. The company’s market capitalization is $666.99M, and the average trade volume was 2.93 million shares over the past three months.
Faraday Future Intelligent Electric Inc. (FFIE) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 2.30. FFIE has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.19.
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) trade information
Faraday Future Intelligent Electric Inc. (FFIE) registered a 0.00% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet 0.00% in intraday trading to $2.43 this Thursday, 06/23/22, hitting a weekly high. The stock’s 5-day price performance is -2.80%, and it has moved by -7.95% in 30 days. Based on these gigs, the overall price performance for the year is -83.68%.
The consensus price target of analysts on Wall Street is $10.00, which implies an increase of 75.7% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $10.00 and $10.00 respectively. As a result, FFIE is trading at a discount of -311.52% off the target high and -311.52% off the low.
Faraday Future Intelligent Electric Inc. (FFIE) estimates and forecasts
Statistics show that Faraday Future Intelligent Electric Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Faraday Future Intelligent Electric Inc. (FFIE) shares have gone down -49.27% during the last six months, with a year-to-date growth rate less than the industry average at -70.07% against 4.60.
While earnings are projected to return -276.80% in 2022.
Faraday Future Intelligent Electric Inc. is due to release its next quarterly earnings on December 07. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE)’s Major holders
Faraday Future Intelligent Electric Inc. insiders own 62.76% of total outstanding shares while institutional holders control 25.62%, with the float percentage being 68.79%. Vanguard Group, Inc. (The) is the largest shareholder of the company, while 124 institutions own stock in it. As of Dec 30, 2021, the company held over 3.48 million shares (or 1.07% of all shares), a total value of $18.53 million in shares.
The next largest institutional holding, with 3.0 million shares, is of Park West Asset Management LLC’s that is approximately 0.92% of outstanding shares. At the market price on Dec 30, 2021, these shares were valued at $15.96 million.
Also, the Mutual Funds coming in first place with the largest holdings of Faraday Future Intelligent Electric Inc. (FFIE) shares are Vanguard Extended Market Index Fund and Vanguard Total Stock Market Index Fund. Data provided on Dec 30, 2021 indicates that Vanguard Extended Market Index Fund owns about 2.32 million shares. This amounts to just over 0.72 percent of the company’s overall shares, with a $12.35 million market value. The same data shows that the other fund manager holds slightly less at 0.93 million, or about 0.29% of the stock, which is worth about $4.95 million.