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 released on Friday morning.
Faraday Future Intelligent Electric Stock Performance
Shares of FFAI stock traded up $0.89 on Friday, hitting $2.94. The company had a trading volume of 116,859,774 shares, compared to its average volume of 14,500,350. The company's 50-day simple moving average is $1.55. The company has a quick ratio of 0.26, a current ratio of 0.41 and a debt-to-equity ratio of 0.46. Faraday Future Intelligent Electric has a twelve month low of $0.83 and a twelve month high of $16.40.
Faraday Future Intelligent Electric (NASDAQ:FFAI - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.14) earnings per share (EPS) for the quarter. The company had revenue of $0.32 million during the quarter. Faraday Future Intelligent Electric had a negative net margin of 37,269.16% and a negative return on equity of 155.53%.
About Faraday Future Intelligent Electric
(
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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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