While Fisker Inc has underperformed by -8.50%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, FSR fell by -94.04%, with highs and lows ranging from $7.76 to $0.38, whereas the simple moving average fell by -89.40% in the last 200 days.
On March 01, 2024, R. F. Lafferty Downgraded Fisker Inc (NYSE: FSR) to Hold. A report published by Citigroup on March 01, 2024, Downgraded its rating to ‘Neutral’ for FSR. TD Cowen also Downgraded FSR shares as ‘Market Perform’, setting a target price of $1 on the company’s shares in a report dated January 17, 2024. Evercore ISI December 04, 2023d the rating to In-line on December 04, 2023, and set its price target from $6 to $2. BofA Securities initiated its ‘Buy’ rating for FSR, as published in its report on September 26, 2023. TD Cowen’s report from July 17, 2023 suggests a price prediction of $14 for FSR shares, giving the stock a ‘Outperform’ rating. Wolfe Research also rated the stock as ‘Underperform’.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Analysis of Fisker Inc (FSR)
Further, the quarter-over-quarter increase in sales is 65292.16%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Fisker Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -271.95% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.92, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 44.09M can be a very valuable indicator of volatility for FSR stock. On a monthly basis, the volatility of the stock is set at 12.20%, whereas on a weekly basis, it is put at 23.39%, with a loss of -26.62% over the past seven days. Furthermore, long-term investors anticipate a median target price of $1.36, showing growth from the present price of $0.44, which can serve as yet another indication of whether FSR is worth investing in or should be passed over.
How Do You Analyze Fisker Inc Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 26.47%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 18.56% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
FSR shares are owned by institutional investors to the tune of 18.56% at present.
