Faraday Future Intelligent Electric Inc (NASDAQ:FFAI) price on Thursday, April 10, fall -5.45% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.04.
A look at the stock’s price movement, the close in the last trading session was $1.10, moving within a range at $1.01 and $1.09. The beta value (5-Year monthly) was 4.761. Turning to its 52-week performance, $156.00 and $0.98 were the 52-week high and 52-week low respectively. Overall, FFAI moved -19.38% over the past month.
Faraday Future Intelligent Electric Inc’s market cap currently stands at around $88.50 million, with investors looking forward to this quarter’s earnings report slated for in May.
Turning to the stock’s technical picture we see that short term indicators suggest on average that FFAI is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
FFAI’s current price about -13.01% and -21.62% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 38.71, while 7-day volatility ratio is 12.36% and 9.46% in the 30-day chart. Further, Faraday Future Intelligent Electric Inc (FFAI) has a beta value of 4.74, and an average true range (ATR) of 0.13.
If we refocus on Faraday Future Intelligent Electric Inc (NASDAQ:FFAI), historical trading data shows that trading volumes averaged 5.1 over the past 10 days and 8.27 million over the past 3 months. The company’s latest data on shares outstanding shows there are 85.10 million shares.
The 8.04% of Faraday Future Intelligent Electric Inc’s shares are in the hands of company insiders while institutional holders own 4.32% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 18.92 million on 2025-03-14, giving us a short ratio of 2.51. The data shows that as of 2025-03-14 short interest in Faraday Future Intelligent Electric Inc (FFAI) stood at 2609.0000000000005 of shares outstanding, with shares short rising to 18.28 million registered in 2025-01-31. Current price change has pushed the stock -57.20% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the FFAI stock continues to rise going into the next quarter.
