Wall Street Zen upgraded shares of Faraday Future Intelligent Electric (NASDAQ:FFAI - Free Report) from a sell rating to a hold rating in a report published on Friday morning.
Faraday Future Intelligent Electric Trading Down 22.6%
Shares of NASDAQ FFAI traded down $0.56 during trading on Friday, reaching $1.92. The company had a trading volume of 35,266,653 shares, compared to its average volume of 12,967,531. The company has a fifty day simple moving average of $1.50. Faraday Future Intelligent Electric has a 12 month low of $0.83 and a 12 month high of $16.84. The company has a current ratio of 0.41, a quick ratio of 0.26 and a debt-to-equity ratio of 0.46.
Faraday Future Intelligent Electric (NASDAQ:FFAI - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.14) earnings per share for the quarter. Faraday Future Intelligent Electric had a negative return on equity of 155.53% and a negative net margin of 37,269.16%. The firm had revenue of $0.32 million for the quarter.
Faraday Future Intelligent Electric Company Profile
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Faraday Future Intelligent Electric Inc engages in the design, development, manufacture, engineering, sale, and distribution of electric vehicles and related products in the United States and internationally. The company was founded in 2014 and is headquartered in Gardena, California.
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