ECARX (NASDAQ:ECX) Shares Down 6.4%

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report)’s stock price traded down 6.4% on Wednesday . The company traded as low as $1.65 and last traded at $1.67. 75,275 shares changed hands during trading, a decline of 40% from the average session volume of 126,272 shares. The stock had previously closed at $1.78.

ECARX Stock Performance

The company’s 50-day simple moving average is $1.47 and its 200-day simple moving average is $2.00.

ECARX (NASDAQ:ECXGet Free Report) last released its quarterly earnings results on Monday, May 20th. The company reported ($0.12) earnings per share (EPS) for the quarter. The company had revenue of $128.50 million during the quarter. As a group, equities analysts anticipate 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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