Diametric Capital LP Makes New $78,000 Investment in Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE)

Diametric Capital LP bought a new position in Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) in the 4th quarter, HoldingsChannel reports. The fund bought 32,128 shares of the company’s stock, valued at approximately $78,000.

Faraday Future Intelligent Electric Price Performance

Shares of FFIE opened at $1.13 on Thursday. The business’s fifty day moving average price is $1.37 and its 200 day moving average price is $1.76. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.21 and a current ratio of 0.32. Faraday Future Intelligent Electric Inc. has a 12-month low of $0.99 and a 12-month high of $156.00.

Faraday Future Intelligent Electric Profile

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.