The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
ECD Automotive Design Inc (NASDAQ: ECDA) closed the day trading at $0.28 down -18.28% from the previous closing price of $0.35. In other words, the price has decreased by -$18.28% from its previous closing price. On the day, 5.82 million shares were traded. ECDA stock price reached its highest trading level at $0.3327 during the session, while it also had its lowest trading level at $0.2727.
Ratios:
For a better understanding of ECDA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.07 and its Current Ratio is at 0.68.
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 10014153 and an Enterprise Value of 32241070. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41. Its current Enterprise Value per Revenue stands at 1.311 whereas that against EBITDA is -9.315.
Stock Price History:
The Beta on a monthly basis for ECDA is -0.31, which has changed by -0.7135627 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, ECDA has reached a high of $1.45, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is -17.62%, while the 200-Day Moving Average is calculated to be -64.12%.
Shares Statistics:
Over the past 3-months, ECDA traded about 6.61M shares per day on average, while over the past 10 days, ECDA traded about 23361430 shares per day. A total of 35.39M shares are outstanding, with a floating share count of 6.54M. Insiders hold about 83.35% of the company’s shares, while institutions hold 1.12% stake in the company. Shares short for ECDA as of 1748563200 were 1310226 with a Short Ratio of 0.20, compared to 1745971200 on 103481. Therefore, it implies a Short% of Shares Outstanding of 1310226 and a Short% of Float of 12.33.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0