ECD Automotive Design Inc (ECDA): The long term indicators on the stock call for a Sell today

ECD Automotive Design Inc (ECDA) saw downtrend of -5.06% in the recent trading with $0.26 being its most recent. The current price level -80.41% lower than the highest price of $1.35 marked by the stock while trading over the past 52-weeks, whereas it is 11.70% higher than the lowest price of $0.24 the company dropped to over past 52-weeks. The latest news story on ECDA appeared in (GlobeNewswire) under the title “ECD Automotive Design Wins Dual Awards for Custom Jaguar E-Type and Mustang Builds” on Jul-01-25.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.00 for the stock.

ECD Automotive Design Inc Earnings – What Happened With ECDA

Coming around sales and income figures on ECDA Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.

ECD Automotive Design Inc – Insider Activity and Holdings

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 35.39 million. ECDA does have institutional investors; and they hold 1.12% of the stock.

As on 2024-06-30, ATW SPAC MANAGEMENT LLC was the top most holder in ECD Automotive Design Inc (NASDAQ:ECDA) with an ownership of 77801.0 shares of the company or 0.2433 of the stake worth $94139.0. The filing also reveals OAKTREE CAPITAL MANAGEMENT LP as the second largest holder in the company with a control over 0.2345 of the outstanding shares. Its stake is worth $90750.0 for having 75000.0 shares in hand.

TACONIC CAPITAL ADVISORS LP also came holding a key position in the company during the recent quarter and it now holds 0.2345 of the outstanding shares. With this there are now 16.0 institutions which have possession in ECDA’s shares.

Key Metrics forECDA

Technical Analysis of ECD Automotive Design Inc (NASDAQ:ECDA) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for ECD Automotive Design Inc (ECDA), we notice that the stock’s 20-day average volume is at 14,624,376 shares and 100% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 9,192,370 shares. And to end, ECDA’s 100-day average volume is 4,689,541 shares with 100% of the long-term indicators pointing towards Sell for the stock.

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