ECD Automotive Design (NASDAQ:ECDA) Shares Down 4.3% – What’s Next?

ECD Automotive Design, Inc. (NASDAQ:ECDA) shares fell 4.3% during trading on Monday . The company traded as low as $0.79 and last traded at $0.75. 4,896 shares traded hands during trading, a decline of 96% from the average session volume of 132,196 shares. The stock had previously closed at $0.78.

ECD Automotive Design Trading Down 4.3 %

The stock has a 50-day moving average price of $0.85 and a 200 day moving average price of $0.98.

Institutional Trading of ECD Automotive Design

An institutional investor recently bought a new position in ECD Automotive Design stock. Evernest Financial Advisors LLC bought a new position in shares of ECD Automotive Design, Inc. (NASDAQ:ECDA) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 62,599 shares of the company’s stock, valued at approximately $60,000. Evernest Financial Advisors LLC owned approximately 0.18% of ECD Automotive Design as of its most recent filing with the Securities and Exchange Commission (SEC). 94.81% of the stock is currently owned by hedge funds and other institutional investors.

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.