ECD Automotive Design, Inc. (NASDAQ:ECDA) Short Interest Update

ECD Automotive Design, Inc. (NASDAQ:ECDA) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 60,392 shares, a decrease of 84.0% from the November 30th total of 376,749 shares. Approximately 5.1% of the shares of the company are short sold. Based on an average daily trading volume, of 1,242,339 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 1,242,339 shares, the short-interest ratio is presently 0.0 days. Approximately 5.1% of the shares of the company are short sold.

ECD Automotive Design Stock Up 65.0%

Shares of ECD Automotive Design stock traded up $0.51 during trading on Friday, reaching $1.30. 94,347,430 shares of the company were exchanged, compared to its average volume of 465,592. The firm has a market capitalization of $1.79 million, a price-to-earnings ratio of -0.12 and a beta of -0.34. The business has a 50-day moving average price of $1.01 and a 200-day moving average price of $5.07. ECD Automotive Design has a twelve month low of $0.70 and a twelve month high of $204.00.

ECD Automotive Design (NASDAQ:ECDA) last issued its quarterly earnings data on Thursday, November 20th. The company reported $0.60 earnings per share (EPS) for the quarter. The company had revenue of $5.78 million for the quarter. On average, equities research analysts forecast that ECD Automotive Design will post -0.14 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have commented on ECDA. Weiss Ratings reiterated a “sell (e)” rating on shares of ECD Automotive Design in a research report on Wednesday. Wall Street Zen upgraded ECD Automotive Design from a “strong sell” rating to a “hold” rating in a research note on Saturday, November 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

ECD Automotive Design Company Profile

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.