ECARX (NASDAQ:ECX) Trading 3.5% Higher – Should You Buy?

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) shares rose 3.5% on Friday . The company traded as high as $1.78 and last traded at $1.77. Approximately 355,104 shares were traded during trading, an increase of 183% from the average daily volume of 125,485 shares. The stock had previously closed at $1.71.

ECARX Stock Up 12.9 %

The firm has a market capitalization of $652.24 million, a price-to-earnings ratio of -3.86 and a beta of 0.38. The stock’s fifty day moving average is $1.82 and its two-hundred day moving average is $1.73.

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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