ECD Automotive Design (NASDAQ:ECDA) Issues Quarterly Earnings Results

ECD Automotive Design (NASDAQ:ECDA) posted its quarterly earnings results on Thursday. The company reported $0.60 earnings per share (EPS) for the quarter, Zacks reports.

ECD Automotive Design Stock Down 2.5%

Shares of ECDA traded down $0.02 during mid-day trading on Thursday, reaching $0.59. The company’s stock had a trading volume of 107,033 shares, compared to its average volume of 186,332. The company has a market cap of $857,675.00, a price-to-earnings ratio of -0.04 and a beta of -0.63. The business has a fifty day moving average of $2.76 and a 200 day moving average of $7.25. ECD Automotive Design has a 1 year low of $0.58 and a 1 year high of $43.20.

Analysts Set New Price Targets

ECDA has been the topic of a number of recent research reports. Weiss Ratings restated a “sell (e+)” rating on shares of ECD Automotive Design in a report on Wednesday, October 8th. Wall Street Zen lowered ECD Automotive Design to a “strong sell” rating in a research report on Saturday, September 20th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

ECD Automotive Design Company Profile

ECD Automotive Design, Inc engages in the production and sale of customized Land Rover vehicles in the United States. The company also provides repair or upgrade services and extended warranties to customers. It restores various vehicles, including Land Rovers Defenders, Land Rover Series IIA and III, the Range Rover Classic, and Jaguar E-Type.