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Is FaZe Holdings Inc. (NASDAQ: FAZE) Still A Good Investment?

FaZe Holdings Inc. (NASDAQ:FAZE) traded at $1.00 at close of the session on Monday, 01/23/23, made an upward move of 0.86% on its previous day’s price.

Looking at the stock we see that its previous close was $0.99 with the day’s price range being $0.95 – $1.05. The company has a trailing 12-month PE ratio of 200.00. In terms of its 52-week price range, FAZE has a high of $24.69 and a low of $0.92. The company’s stock has lost about -45.05% over that past 30 days.

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FaZe Holdings Inc. has a market cap of $76.71 million.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the FAZE stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.

Looking further, we note the current price level is -37.93% off its SMA20 and -48.68% from its 50-day simple moving average. The RSI (14) is pointing at 27.93 while the volatility over the past week is 22.63% and jumps to 16.36% over the past one month.

Coming back to FaZe Holdings Inc. (NASDAQ:FAZE), we note that the average 3-month trading volume was 220.66K, while that of the preceding 10-day period stands at 0.73 million. Current shares outstanding are 72.51 million.

The insiders hold 3.40% of the company’s shares while institutions hold 20.70%. The data shows that short shares as of Oct 13, 2022, stood at 1.3 million at a short ratio of 1.35. This represents a 1.79% short interest in shares outstanding on Oct 13, 2022. Shares short fall in October from the previous month at 1.55 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -45.95% down in year-to-date price movement.

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