ECD Automotive Design, Inc. (NASDAQ:ECDA) Short Interest Down 39.4% in December

by · The Cerbat Gem

ECD Automotive Design, Inc. (NASDAQ:ECDA – Get Free Report) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 36,582 shares, a decline of 39.4% from the December 15th total of 60,392 shares. Approximately 3.2% of the company’s shares are sold short. Based on an average trading volume of 10,998,208 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 10,998,208 shares, the short-interest ratio is currently 0.0 days. Approximately 3.2% of the company’s shares are sold short.

ECD Automotive Design Price Performance

Shares of NASDAQ:ECDA opened at $0.02 on Friday. The business has a 50-day moving average of $1.72 and a two-hundred day moving average of $18.66. The firm has a market capitalization of $21,528.00, a PE ratio of 0.00 and a beta of -0.07. ECD Automotive Design has a 12 month low of $0.01 and a 12 month high of $197.72.

ECD Automotive Design (NASDAQ:ECDA – Get Free Report) last issued its earnings results on Thursday, November 20th. The company reported $3.00 earnings per share (EPS) for the quarter. The firm had revenue of $5.78 million for the quarter. As a group, research analysts anticipate that ECD Automotive Design will post -0.14 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on ECDA. Weiss Ratings reaffirmed a “sell (e)” rating on shares of ECD Automotive Design in a research report on Wednesday, December 24th. Wall Street Zen upgraded ECD Automotive Design from a “strong sell” rating to a “hold” rating in a report on Saturday, November 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, ECD Automotive Design presently has an average rating of “Sell”.

View Our Latest Report on ECD Automotive Design

ECD Automotive Design Company Profile

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ECD Automotive Design Inc (NASDAQ: ECDA) is a full-service automotive design and engineering firm specializing in concept development, color and trim, digital visualization, and physical prototyping. The company delivers end-to-end solutions for both interior and exterior vehicle programs, encompassing clay modeling, rapid prototyping, ergonomic studies, and show-car fabrication. By integrating creative design with engineering validation, ECD helps original equipment manufacturers (OEMs) and Tier 1 suppliers advance new vehicle concepts from initial sketches through to production-ready components.

Headquartered in Charlotte, North Carolina, ECD serves clients across North America, Europe, and Asia, collaborating on projects that range from concept research and design language exploration to detailed packaging and manufacturing feasibility.

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