Is Faraday Future Intelligent Electric Inc (FFIE) Stock a Good Buy for Short-term Investors?

At the time of writing, Faraday Future Intelligent Electric Inc [FFIE] stock is trading at $1.51, down -3.82%. An important factor to consider is whether the stock is rising or falling in short-term value. The FFIE shares have gain 19.84% over the last week, with a monthly amount drifted -24.50%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Faraday Future Intelligent Electric Inc [NASDAQ: FFIE] stock has seen the most recent analyst activity on August 16, 2022, when The Benchmark Company downgraded its rating to a Hold. Previously, Wedbush downgraded its rating to Neutral on November 16, 2021, and kept the price target unchanged to $10. On August 17, 2021, Wedbush initiated with a Outperform rating and assigned a price target of $17 on the stock.

For the past year, the stock price of Faraday Future Intelligent Electric Inc fluctuated between $1.20 and $156.00. Faraday Future Intelligent Electric Inc [NASDAQ: FFIE] shares were valued at $1.51 at the most recent close of the market.

Analyzing the FFIE fundamentals

According to Faraday Future Intelligent Electric Inc [NASDAQ:FFIE], the company’s sales were 0.54M for trailing twelve months, which represents an -98.37% plunge. Gross Profit Margin for this corporation currently stands at -153.51% with Operating Profit Margin at -334.4%, Pretax Profit Margin comes in at -592.74%, and Net Profit Margin reading is -592.9%. To continue investigating profitability, this company’s Return on Assets is posted at -0.71, Equity is -1.73 and Total Capital is -0.89. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.49.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.4700 points at the first support level, and at 1.4301 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.5599, and for the 2nd resistance point, it is at 1.6099.

Ratios To Look Out For

It is important to note that Faraday Future Intelligent Electric Inc [NASDAQ:FFIE] has a current ratio of 0.32. On the other hand, the Quick Ratio is 0.21, and the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 121.91, the price to book ratio is 0.30.

Transactions by insiders

Recent insider trading involved Aydt Matthias, Global Chief Exec. Officer, that happened on Jun 21 ’24 when 1.0 shares were purchased. Global Chief Exec. Officer, Aydt Matthias completed a deal on Dec 21 ’23 to buy 1.0 shares.

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