Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) Is Up 43.7% From Its 52-Week Low; YTD, It Is Down -90.26% – What To Do Now

During the recent session, Faraday Future Intelligent Electric Inc (NASDAQ:FFIE)’s traded shares were 16.74 million, with the beta value of the company hitting 5.62. At the last check today, the stock’s price was $2.70, reflecting an intraday gain of 10.20% or $0.25. The 52-week high for the FFIE share is $210.00, that puts it down -7677.78 from that peak though still a striking 43.7% gain since the share price plummeted to a 52-week low of $1.52. The company’s market capitalization is $29.81M, and the average intraday trading volume over the past 10 days was 9.63 million shares, and the average trade volume was 9.41 million shares over the past three months.

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

Faraday Future Intelligent Electric Inc (FFIE) registered a 10.20% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 10.20% in intraday trading to $2.70, hitting a weekly high. The stock’s 5-day price performance is -3.57%, and it has moved by -32.16% in 30 days. Based on these gigs, the overall price performance for the year is -98.14%. The short interest in Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) is 4.37 million shares and it means that shorts have 0.42 day(s) to cover.

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Faraday Future Intelligent Electric Inc (FFIE) estimates and forecasts

In the rating firms’ projections, revenue will increase 10,741.80% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 12.75M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 25.5M by the end of current fiscal year.

FFIE Dividends

Faraday Future Intelligent Electric Inc is due to release its next quarterly earnings on 2024-Jul-30. 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 0.14% of total outstanding shares while institutional holders control 17.57%, with the float percentage being 17.59%. ALPHAMARK ADVISORS, LLC is the largest shareholder of the company, while 61.0 institutions own stock in it. As of 2024-06-30, the company held over 4250.0 shares (or 0.0515% of all shares), a total value of $2000.0 in shares.