Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) Dropped -26.47 Percent In The Last Seven Days: What Lifted The Stock?

Faraday Future Intelligent Electric Inc (NASDAQ:FFIE)’s traded shares stood at 21.69 million during the last session, with the company’s beta value hitting 1.47. At the close of trading, the stock’s price was $0.10, to imply an increase of 5.04% or $0.0 in intraday trading. The FFIE share’s 52-week high remains $117.36, putting it -117260.0% down since that peak but still an impressive 10.0% since price per share fell to its 52-week low of $0.09. The company has a valuation of $4.27M, with an average of 32.29 million shares in intraday trading volume over the past 10 days and average of 12.38 million shares over the past 3 months.

Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) trade information

After registering a 5.04% upside in the last session, Faraday Future Intelligent Electric Inc (FFIE) has traded red over the past five days. The stock hit a weekly high of 0.1729, jumping 5.04% in its intraday price action. The 5-day price performance for the stock is -26.47%, and -46.75% over 30 days. With these gigs, the year-to-date price performance is -85.56%. Short interest in Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) saw shorts transact 15.21 million shares and set a 1.04 days time to cover.

Faraday Future Intelligent Electric Inc (FFIE) estimates and forecasts

Revenue is forecast to grow 95.40% this quarter before falling -261.20% for the next one.

Revenue forecast for the current quarter as set by 1 analysts is $2.04 million. Meanwhile, for the quarter ending Mar 2024, a total of 1 analyst(s) estimate revenue growth to $4.25 million.

FFIE Dividends

Faraday Future Intelligent Electric Inc has its next earnings report out between March 29 and April 03. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Faraday Future Intelligent Electric Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Faraday Future Intelligent Electric Inc (NASDAQ:FFIE)’s Major holders

Faraday Future Intelligent Electric Inc insiders hold 12.54% of total outstanding shares, with institutional holders owning 3.01% of the shares at 3.44% float percentage. In total, 3.01% institutions holds shares in the company, led by Acadian Asset Management. LLC. As of Dec 30, 2023, the company held over 0.24 million shares (or 0.19% of shares), all amounting to roughly $23548.0.

The next major institution holding the largest number of shares is Vanguard Group Inc with 0.23 million shares, or about 0.18% of shares outstanding. As of the market price on Dec 30, 2023, these shares were worth $22745.0.

We also have Fidelity NASDAQ Composite Index ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Faraday Future Intelligent Electric Inc (FFIE) shares. Going by data provided on Jan 30, 2024, Fidelity NASDAQ Composite Index ETF holds roughly 0.16 million shares. This is just over 0.13% of the total shares, with a market valuation of $16031.0. Data from the same date shows that the other fund manager holds a little less at 0.13 million, or 0.10% of the shares, all valued at about 13123.0.