ECD Automotive Design (NASDAQ:ECDA) Shares Up 2.7%

ECD Automotive Design, Inc. (NASDAQ:ECDA) shot up 2.7% during mid-day trading on Tuesday . The stock traded as high as $1.22 and last traded at $1.16. 13,432 shares changed hands during trading, a decline of 93% from the average session volume of 193,597 shares. The stock had previously closed at $1.13.

ECD Automotive Design Trading Up 2.7 %

The company’s 50-day moving average is $1.14 and its 200-day moving average is $1.11.

ECD Automotive Design (NASDAQ:ECDA) last posted its quarterly earnings results on Monday, August 19th. The company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $8.87 million for the quarter. Analysts forecast that ECD Automotive Design, Inc. will post -0.14 earnings per share for the current fiscal year.

Institutional Trading of ECD Automotive Design

An institutional investor recently bought a new position in ECD Automotive Design stock. ATW Spac Management LLC bought a new stake in ECD Automotive Design, Inc. (NASDAQ:ECDA) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 155,279 shares of the company’s stock, valued at approximately $191,000. ATW Spac Management LLC owned approximately 2.34% of ECD Automotive Design at the end of the most recent reporting period. Hedge funds and other institutional investors own 94.81% of the company’s stock.

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.