ECARX (NASDAQ:ECX) Shares Gap Up – Should You Buy?

Shares of ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) gapped up before the market opened on Friday . The stock had previously closed at $1.83, but opened at $1.99. ECARX shares last traded at $1.97, with a volume of 275,844 shares trading hands.

ECARX Price Performance

The stock has a 50 day simple moving average of $1.84 and a 200-day simple moving average of $1.76. The firm has a market cap of $638.73 million, a PE ratio of -3.78 and a beta of 0.38.

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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