Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI - Get Free Report) saw unusually large options trading activity on Wednesday. Investors acquired 16,943 call options on the company. This represents an increase of 95% compared to the average daily volume of 8,703 call options.
Faraday Future Intelligent Electric Stock Down 2.0%
NASDAQ FFAI traded down $0.03 during mid-day trading on Friday, reaching $1.50. The stock had a trading volume of 9,827,125 shares, compared to its average volume of 9,849,146. Faraday Future Intelligent Electric has a 1 year low of $0.83 and a 1 year high of $27.60. The business's fifty day moving average price is $1.17.
Faraday Future Intelligent Electric (NASDAQ:FFAI - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported ($0.14) earnings per share for the quarter. The company had revenue of $0.32 million for the quarter.
Analyst Ratings Changes
Separately, Wall Street Zen lowered shares of Faraday Future Intelligent Electric from a "hold" rating to a "sell" rating in a report on Friday, May 30th.
Check Out Our Latest Stock Analysis on Faraday Future Intelligent Electric
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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