Is facedrive stock a good investment?

At the current market price, Facedrive stock has a market cap of roughly $1.5 billion. Its sales are a little over $7 million. So, Facedrive stock currently trades at a price-to-sales ratio of over 175 times. Of course, what the company is doing is admirable. It’s building a sustainable and equitable ride-sharing and e-commerce business.

Is facedrive free?

Free for your first month. Facedrive Inc. operates as a ride-sharing company in Canada.

Is facedrive bucking the trend?

This acquisition comes at a time when U.S. president Joe Biden aims to reduce America’s carbon emissions. His US$2 trillion clean energy program will focus on the adoption of EV and clean energy. You can say Facedrive is bucking the trend. During the pandemic, it bucked the food delivery and contact tracing momentum.

How long did facedrive stock take to climb?

Facedrive (TSXV:FD) stock took almost 14 months to climb from $2 to $60 levels. It took a little less than eight months to tumble back to $2. Just Released! 5 Stocks Under $49 (FREE REPORT) Stop Trading. Start Investing.