Shares of ECARX Holdings Inc. (NASDAQ:ECX – Get Free Report) rose 7.1% during mid-day trading on Thursday . The stock traded as high as $2.14 and last traded at $2.10. Approximately 21,544 shares changed hands during trading, a decline of 81% from the average daily volume of 115,078 shares. The stock had previously closed at $1.96.
ECARX Stock Performance
The firm has a market capitalization of $696.18 million, a P/E ratio of -4.90 and a beta of 0.09. The stock has a fifty day moving average price of $1.42 and a two-hundred day moving average price of $2.03.
ECARX (NASDAQ:ECX – Get Free Report) last issued its quarterly earnings results on Monday, May 20th. The company reported ($0.12) earnings per share for the quarter. The firm had revenue of $128.50 million during the quarter. As a group, research analysts anticipate that ECARX Holdings Inc. will post -0.27 earnings per share for the current fiscal year.
ECARX Company Profile
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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