ECARX (NASDAQ:ECX) Trading Up 3.7% – Still a Buy?

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report)’s stock price was up 3.7% during trading on Tuesday . The stock traded as high as $1.98 and last traded at $1.98. Approximately 6,066 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 114,431 shares. The stock had previously closed at $1.91.

ECARX Stock Down 3.6 %

The stock has a 50 day simple moving average of $1.73 and a 200 day simple moving average of $1.65. The company has a market cap of $638.73 million, a price-to-earnings ratio of -4.52 and a beta of 0.32.

ECARX (NASDAQ:ECXGet Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported ($0.12) earnings per share for the quarter. The business had revenue of $173.00 million during the quarter. As a group, equities research analysts expect that ECARX Holdings Inc. will post -0.27 EPS for the current fiscal 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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