ECARX (NASDAQ:ECX) Trading Down 11.6%

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) traded down 11.6% on Friday . The company traded as low as $2.05 and last traded at $2.05. 110,275 shares changed hands during mid-day trading, a decline of 8% from the average session volume of 119,842 shares. The stock had previously closed at $2.32.

ECARX Price Performance

The firm has a market capitalization of $696.18 million, a PE ratio of -4.90 and a beta of 0.09. The company has a fifty day moving average of $1.42 and a 200-day moving average of $2.03.

ECARX (NASDAQ:ECXGet Free Report) last posted 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. Equities analysts anticipate that ECARX Holdings Inc. will post -0.27 EPS for the current year.

About ECARX

(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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