In the past week, FSR stock has gone down by -13.10%, with a monthly decline of -17.66% and a quarterly plunge of -33.66%. The volatility ratio for the week is 6.48%, and the volatility levels for the last 30 days are 5.49% for Fisker Inc. The simple moving average for the last 20 days is -16.29% for FSR’s stock, with a simple moving average of -38.54% for the last 200 days.
Is It Worth Investing in Fisker Inc. (NYSE: FSR) Right Now?
and a 36-month beta value of 1.04.
The public float for FSR is 183.85M, and at present, short sellers hold a 32.95% of that float. On April 20, 2023, the average trading volume of FSR was 7.80M shares.
FSR) stock’s latest price update
Fisker Inc. (NYSE: FSR)’s stock price has dropped by -1.88 in relation to previous closing price of 4.80. Nevertheless, the company has seen a loss of -13.10% in its stock price over the last five trading days. The Wall Street Journal reported on 02/27/23 that Fisker Shares Jump as Ocean EV Deliveries Are Set for Spring Launch
Analysts’ Opinion of FSR
Barclays, on the other hand, stated in their research note that they expect to see FSR reach a price target of $6. The rating they have provided for FSR stocks is “Underweight” according to the report published on February 15th, 2023.
Morgan Stanley gave a rating of “Underweight” to FSR, setting the target price at $4 in the report published on January 25th of the current year.
FSR Trading at -25.84% from the 50-Day Moving Average
After a stumble in the market that brought FSR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -61.55% of loss for the given period.
Volatility was left at 5.49%, however, over the last 30 days, the volatility rate increased by 6.48%, as shares sank -18.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -41.13% lower at present.
During the last 5 trading sessions, FSR fell by -13.10%, which changed the moving average for the period of 200-days by -44.91% in comparison to the 20-day moving average, which settled at $5.57. In addition, Fisker Inc. saw -35.21% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FSR starting from Huhnke Burkhard J., who sale 10,280 shares at the price of $5.93 back on Mar 28. After this action, Huhnke Burkhard J. now owns 25,493 shares of Fisker Inc., valued at $60,960 using the latest closing price.
FIFTHDELTA Ltd, the 10% Owner of Fisker Inc., sale 1,529,026 shares at $6.55 during a trade that took place back on Feb 13, which means that FIFTHDELTA Ltd is holding 17,937,500 shares at $10,015,120 based on the most recent closing price.
Stock Fundamentals for FSR
Current profitability levels for the company are sitting at:
- -155042.40 for the present operating margin
- -3411.99 for the gross margin
The net margin for Fisker Inc. stands at -160086.55. The total capital return value is set at -39.94, while invested capital returns managed to touch -41.42. Equity return is now at value -92.50, with -37.70 for asset returns.
Based on Fisker Inc. (FSR), the company’s capital structure generated 144.80 points at debt to equity in total, while total debt to capital is 59.15. Total debt to assets is 45.91, with long-term debt to equity ratio resting at 143.33. Finally, the long-term debt to capital ratio is 58.55.
When we switch over and look at the enterprise to sales, we see a ratio of 4,249.33, with the company’s debt to enterprise value settled at 0.32. The receivables turnover for the company is 0.02 and the total asset turnover is 0.00. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.51.
Conclusion
To sum up, Fisker Inc. (FSR) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.