Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
ECD Automotive Design Inc (NASDAQ: ECDA) closed the day trading at $0.91 down -23.78% from the previous closing price of $1.2. In other words, the price has decreased by -$23.78 from its previous closing price. On the day, 2.39 million shares were traded. ECDA stock price reached its highest trading level at $1.2 during the session, while it also had its lowest trading level at $0.892.
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 1327548 and an Enterprise Value of 24657274. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05. Its current Enterprise Value per Revenue stands at 0.98 whereas that against EBITDA is -4.443.
Stock Price History:
The Beta on a monthly basis for ECDA is -0.51, which has changed by -0.97029704 over the last 52 weeks, in comparison to a change of 0.15085125 over the same period for the S&P500. Over the past 52 weeks, ECDA has reached a high of $44.80, while it has fallen to a 52-week low of $1.06. The 50-Day Moving Average of the stock is -70.93%, while the 200-Day Moving Average is calculated to be -93.42%.
Shares Statistics:
Over the past 3-months, ECDA traded about 329.59K shares per day on average, while over the past 10 days, ECDA traded about 1144540 shares per day. A total of 1.19M shares are outstanding, with a floating share count of 0.73M. Insiders hold about 49.92% of the company’s shares, while institutions hold 1.13% stake in the company. Shares short for ECDA as of 1761868800 were 6295 with a Short Ratio of 0.02, compared to 1759190400 on 31051. Therefore, it implies a Short% of Shares Outstanding of 6295 and a Short% of Float of 0.76.
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
