Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE - Get Free Report)'s stock price was down 7.6% on Tuesday . The stock traded as low as $2.61 and last traded at $2.69. Approximately 19,722,584 shares were traded during trading, an increase of 62% from the average daily volume of 12,161,802 shares. The stock had previously closed at $2.91.
Faraday Future Intelligent Electric Stock Performance
The company has a current ratio of 0.32, a quick ratio of 0.21 and a debt-to-equity ratio of 0.20. The business's fifty day moving average price is $1.74 and its two-hundred day moving average price is $1.43.
Hedge Funds Weigh In On Faraday Future Intelligent Electric
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Personalized Indexing Management LLC purchased a new stake in shares of Faraday Future Intelligent Electric in the 2nd quarter valued at approximately $25,000. Two Sigma Investments LP acquired a new stake in shares of Faraday Future Intelligent Electric during the fourth quarter worth $34,000. Wealthspire Advisors LLC boosted its holdings in Faraday Future Intelligent Electric by 77.9% in the 1st quarter. Wealthspire Advisors LLC now owns 34,250 shares of the company's stock valued at $50,000 after purchasing an additional 15,000 shares in the last quarter. XTX Topco Ltd purchased a new position in shares of Faraday Future Intelligent Electric in the 1st quarter valued at about $71,000. Finally, Diametric Capital LP acquired a new position in shares of Faraday Future Intelligent Electric during the 4th quarter worth $78,000. 71.74% of the stock is owned by hedge funds and other institutional investors.
About Faraday Future Intelligent Electric
(
Get Free Report)
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. The company was incorporated in 2014 and is headquartered in Los Angeles, California.
Recommended Stories
Before you consider Faraday Future Intelligent Electric, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Faraday Future Intelligent Electric wasn't on the list.
While Faraday Future Intelligent Electric currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
