Faraday Future Intelligent Electric Inc (NASDAQ: FFIE) Drops -8713.56% From Highs, Now What?

During the last session, Faraday Future Intelligent Electric Inc (NASDAQ:FFIE)’s traded shares were 20.74 million, with the beta value of the company hitting 4.81. At the end of the trading day, the stock’s price was $1.77, reflecting an intraday gain of 21.23% or $0.31. The 52-week high for the FFIE share is $156.00, that puts it down -8713.56 from that peak though still a striking 44.07% gain since the share price plummeted to a 52-week low of $0.99. The company’s market capitalization is $129.11M, and the average intraday trading volume over the past 10 days was 6.99 million shares, and the average trade volume was 16.31 million shares over the past three months.

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

Faraday Future Intelligent Electric Inc (FFIE) registered a 21.23% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 21.23% in intraday trading to $1.77, hitting a weekly high. The stock’s 5-day price performance is 33.08%, and it has moved by 26.43% in 30 days. Based on these gigs, the overall price performance for the year is -82.12%. The short interest in Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) is 4.72 million shares and it means that shorts have 0.6 day(s) to cover.

FFIE Dividends

Faraday Future Intelligent Electric Inc is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Also, the Mutual Funds coming in first place with the largest holdings of Faraday Future Intelligent Electric Inc (FFIE) shares are Fidelity Extended Market Index Fund and Victory Portfolios III-Victory Extended Market Index Fd . Data provided on Nov 30, 2024 indicates that Fidelity Extended Market Index Fund owns about 69.4 shares. This amounts to just over 0.10 percent of the company’s overall shares, with a $0.12 million market value. The same data shows that the other fund manager holds slightly less at 62.59, or about 0.09% of the stock, which is worth about $0.11 million.