The stock of ECD Automotive Design Inc (ECDA) has gone up by 2.56% for the week, with a 25.40% rise in the past month and a 25.00% rise in the past quarter. The volatility ratio for the week is 12.16%, and the volatility levels for the past 30 days are 14.61% for ECDA. The simple moving average for the past 20 days is 1.65% for ECDA’s stock, with a -79.22% simple moving average for the past 200 days.
Is It Worth Investing in ECD Automotive Design Inc (NASDAQ: ECDA) Right Now?
The 36-month beta value for ECDA is at -1.74.
The public float for ECDA is 2.44M, and currently, shorts hold a 3.09% of that float. The average trading volume for ECDA on May 07, 2024 was 65.68K shares.
ECDA) stock’s latest price update
The stock price of ECD Automotive Design Inc (NASDAQ: ECDA) has dropped by -9.09 compared to previous close of 1.32. Despite this, the company has seen a gain of 2.56% in its stock price over the last five trading days. Seeking Alpha reported 2024-01-28 that ECD Automotive Design is a micro-cap pick focused on the importation, restoration, and modification of vintage automobiles in a new 100,000 square foot facility in Florida. There is strong demand for this type of vehicle and an estimated total addressable market of $15 billion. ECDA has been punished by the public since its NASDAQ debut, meaning the current valuation is compelling.
ECDA Trading at 15.37% from the 50-Day Moving Average
After a stumble in the market that brought ECDA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -92.94% of loss for the given period.
Volatility was left at 14.61%, however, over the last 30 days, the volatility rate increased by 12.16%, as shares surge +16.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.48% upper at present.
During the last 5 trading sessions, ECDA rose by +2.56%, which changed the moving average for the period of 200-days by -88.27% in comparison to the 20-day moving average, which settled at $1.1890. In addition, ECD Automotive Design Inc saw -2.44% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ECDA
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.34 for the gross margin
The net margin for ECD Automotive Design Inc stands at 0.09. The total capital return value is set at -0.01. Equity return is now at value -3.10, with -2.24 for asset returns.
Based on ECD Automotive Design Inc (ECDA), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -3.56.
Currently, EBITDA for the company is -0.2 million with net debt to EBITDA at -0.91. When we switch over and look at the enterprise to sales, we see a ratio of 4.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.96.
Conclusion
In conclusion, ECD Automotive Design Inc (ECDA) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
