ECD Automotive Design Inc [NASDAQ: ECDA] traded at a high on Friday, posting a 28.60 gain after which it closed the day’ session at $0.34.
The results of the trading session contributed to over 101440583 shares changing hands. Over the past one week, the price volatility of ECD Automotive Design Inc stands at 11.92% while the volatility over the past one month is 9.94%.
The market cap for ECDA stock reached $12.05 million, with 35.39 million shares outstanding and 5.89 million shares in the current float. Compared to the average trading volume of 1.08M shares, ECDA reached a trading volume of 101440583 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about ECD Automotive Design Inc [ECDA]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ECDA shares is $5.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ECDA stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for ECD Automotive Design Inc is set at 0.08, with the Price to Sales ratio for ECDA stock in the period of the last 12 months amounting to 0.45.
How has ECDA stock performed recently?
ECD Automotive Design Inc [ECDA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 35.56. With this latest performance, ECDA shares gained by 12.64% in over the last four-week period, additionally sinking by -64.17% over the last 6 months – not to mention a drop of -70.66% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ECDA stock in for the last two-week period is set at 48.95, with the RSI for the last a single of trading hit 57.84, and the three-weeks RSI is set at 44.60 for ECD Automotive Design Inc [ECDA]. The present Moving Average for the last 50 days of trading for this stock 0.4453, while it was recorded at 0.2770 for the last single week of trading, and 0.8549 for the last 200 days.
ECD Automotive Design Inc [ECDA]: Deeper insight into the fundamentals
ECD Automotive Design Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.07 and a Current Ratio set at 0.68.
