Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
ECD Automotive Design Inc (NASDAQ: ECDA) closed the day trading at $3.06 up 6.99% from the previous closing price of $2.86. In other words, the price has increased by $6.99 from its previous closing price. On the day, 0.61 million shares were traded. ECDA stock price reached its highest trading level at $3.11 during the session, while it also had its lowest trading level at $2.86.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ECDA now has a Market Capitalization of 4441611 and an Enterprise Value of 27718444. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18. Its current Enterprise Value per Revenue stands at 1.102 whereas that against EBITDA is -4.994.
Stock Price History:
The Beta on a monthly basis for ECDA is -0.50, which has changed by -0.9316964 over the last 52 weeks, in comparison to a change of 0.13724327 over the same period for the S&P500. Over the past 52 weeks, ECDA has reached a high of $46.20, while it has fallen to a 52-week low of $2.60. The 50-Day Moving Average of the stock is -34.45%, while the 200-Day Moving Average is calculated to be -82.66%.
Shares Statistics:
Over the past 3-months, ECDA traded about 186.53K shares per day on average, while over the past 10 days, ECDA traded about 517690 shares per day. A total of 1.19M shares are outstanding, with a floating share count of 0.31M. Insiders hold about 78.47% of the company’s shares, while institutions hold 1.13% stake in the company. Shares short for ECDA as of 1759190400 were 31051 with a Short Ratio of 0.17, compared to 1756425600 on 12492. Therefore, it implies a Short% of Shares Outstanding of 31051 and a Short% of Float of 3.7600000000000002.
Earnings Estimates
Analysts are recommending an EPS of between -$4.0 and -$4.0 for the fiscal current year, implying an average EPS of -$4.0. EPS for the following year is $0, with 1 analysts recommending between $0 and $0.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for ECDA’s current fiscal year. The highest revenue estimate was $30M, while the lowest revenue estimate was $30M, resulting in an average revenue estimate of $30M. In the same quarter a year ago, actual revenue was $25.17M
