ECARX Holdings Inc. (NASDAQ:ECX – Get Free Report)’s stock price fell 6.4% during mid-day trading on Wednesday . The stock 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 Down 4.7 %
The company has a 50-day moving average of $1.46 and a 200 day moving average of $2.00. The firm has a market capitalization of $573.13 million, a PE ratio of -4.24 and a beta of 0.30.
ECARX (NASDAQ:ECX – Get Free Report) last announced its earnings results on Monday, May 20th. The company reported ($0.12) earnings per share (EPS) for the quarter. The business had revenue of $128.50 million for the quarter. As a group, equities analysts anticipate that ECARX Holdings Inc. will post -0.27 EPS for the current fiscal year.
About ECARX
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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