ECD Automotive Design Inc [NASDAQ: ECDA] stock went on an upward path that rose over 1.35% on previous day amounting to a one-week price decrease of less than -5.67%.
Over the last 12 months, ECDA stock dropped by -68.26%. The one-year ECD Automotive Design Inc stock forecast points to a potential upside of 93.8. The average equity rating for ECDA stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $12.10 million, with 35.39 million shares outstanding and 6.54 million shares in the current float. Compared to the average trading volume of 2.99M shares, ECDA stock reached a trading volume of 104391 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 0.05, with the Price to Sales ratio for ECDA stock in the period of the last 12 months amounting to 0.45.
ECDA Stock Performance Analysis:
ECD Automotive Design Inc [ECDA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.67. With this latest performance, ECDA shares dropped by -1.47% in over the last four-week period, additionally sinking by -69.51% over the last 6 months – not to mention a drop of -68.26% in the past year of trading.
Insight into ECD Automotive Design Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and ECD Automotive Design Inc [ECDA] shares currently have an operating margin of -15.75% and a Gross Margin at 24.68%. ECD Automotive Design Inc’s Net Margin is presently recorded at -35.38%.
Return on Equity for this stock declined to -49.75%, with Return on Assets sitting at -49.75%.
ECD Automotive Design Inc [ECDA] Institutonal Ownership Details
There are presently around $1.24%, or 5.39%% of ECDA stock, in the hands of institutional investors. The top three institutional holders of ECDA stocks are: ATW SPAC MANAGEMENT LLC with ownership of 77801.0 shares, which is approximately 0.2433%. OAKTREE CAPITAL MANAGEMENT LP, holding 75000.0 shares of the stock with an approximate value of $$90750.0 in ECDA stocks shares; and OAKTREE CAPITAL MANAGEMENT LP, currently with $$90750.0 in ECDA stock with ownership which is approximately 0.2345%.
