ECARX (NASDAQ:ECX) Sees Strong Trading Volume – Time to Buy?

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) saw strong trading volume on Tuesday . 230,128 shares traded hands during mid-day trading, an increase of 50% from the previous session’s volume of 153,843 shares.The stock last traded at $2.03 and had previously closed at $1.96.

ECARX Price Performance

The firm has a fifty day moving average price of $1.84 and a 200-day moving average price of $1.77. The company has a market capitalization of $713.07 million, a P/E ratio of -4.22 and a beta of 0.38.

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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