ECARX (NASDAQ:ECX) Shares Up 10%

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report)’s share price shot up 10% on Friday . The company traded as high as $1.54 and last traded at $1.54. 132,268 shares changed hands during trading, an increase of 26% from the average session volume of 105,275 shares. The stock had previously closed at $1.40.

ECARX Trading Down 2.1 %

The company has a market cap of $462.99 million, a PE ratio of -3.26 and a beta of 0.09. The business has a 50 day simple moving average of $1.39 and a two-hundred day simple moving average of $2.05.

ECARX (NASDAQ:ECXGet Free Report) last issued its quarterly earnings results on Monday, May 20th. The company reported ($0.12) earnings per share for the quarter. The business had revenue of $128.50 million during the quarter. On average, equities research analysts expect that ECARX Holdings Inc. will post -0.27 earnings per share for the current fiscal 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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