Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) Is 25.56% Above Its 52-Week Low, But How Long Can It Continue?

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In recent trading session, Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) saw 3.0 million shares changing hands at last check today with its beta currently measuring 4.82. Company’s recent per share price level of $1.33 trading at -$0.04 or -3.28% at last check today assigns it a market valuation of $60.06M. That most recent trading price of FFIE’s stock is at a discount of -11629.32% from its 52-week high price of $156.00 and is indicating a premium of 25.56% from its 52-week low price of $0.99. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 10.22 million shares which gives us an average trading volume of 15.96 million if we extend that period to 3-months.

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

Upright in the red during last session for losing -3.28%, in the last five days FFIE remained trading in the red while hitting it’s week-highest on Friday, 01/24/25 when the stock touched $1.33 price level, adding 17.9% to its value on the day. Faraday Future Intelligent Electric Inc’s shares saw a change of -45.47% in year-to-date performance and have moved -6.03% in past 5-day. Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) showed a performance of -24.72% in past 30-days. Number of shares sold short was 4.72 million shares which calculate 0.6 days to cover the short interests.

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

Insiders are in possession of 1.42% of company’s total shares while institution are holding 26.69 percent of that, with stock having share float percentage of 27.07%. Investors also watch the number of corporate investors in a company very closely, which is 26.69% institutions for Faraday Future Intelligent Electric Inc that are currently holding shares of the company. ALPHAMARK ADVISORS, LLC is the top institutional holder at FFIE for having 4250.0 shares of worth $2000.0. And as of 2024-06-30, it was holding 0.0515 of the company’s outstanding shares.

On the other hand, Fidelity Extended Market Index Fund and Victory Portfolios III-Victory Extended Market Index Fd are the top two Mutual Funds which own company’s shares. As of Oct 31, 2024, the former fund manager was holding 69.86 shares of worth $91519.0 or 0.15% of the total outstanding shares. The later fund manager was in possession of 62.59 shares on Oct 31, 2024, making its stake of worth around $81988.0 in the company or a holder of 0.14% of company’s stock.