ECARX (NASDAQ:ECX) Stock Price Up 7.1%

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report)’s share price traded up 7.1% during trading on Thursday . The company traded as high as $2.14 and last traded at $2.10. 21,544 shares changed hands during trading, a decline of 81% from the average session volume of 115,078 shares. The stock had previously closed at $1.96.

ECARX Price Performance

The stock has a market capitalization of $696.18 million, a price-to-earnings ratio of -4.90 and a beta of 0.09. The business has a 50 day simple moving average of $1.42 and a 200-day simple moving average of $2.03.

ECARX (NASDAQ:ECXGet Free Report) last posted its earnings results on Monday, May 20th. The company reported ($0.12) earnings per share (EPS) for the quarter. The business had revenue of $128.50 million during the quarter. As a group, equities analysts predict that ECARX Holdings Inc. will post -0.27 earnings per share for the current year.

ECARX Company Profile

(Get Free Report)

ECARX Holdings Inc develops a full stack automotive computing platform to shape the interaction between people and cars by rapidly advancing the technology by smart mobility worldwide. It offers system on chips, central computing platforms, operating systems, and software. Its core products include infotainment head units, digital cockpits, vehicle chip-set solutions, core operating system, and integrated software stack.

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