ECARX (NASDAQ:ECX) Trading Down 3.5%

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report)’s stock price was down 3.5% during trading on Friday . The stock traded as low as $1.66 and last traded at $1.66. Approximately 22,972 shares changed hands during trading, a decline of 81% from the average daily volume of 123,122 shares. The stock had previously closed at $1.72.

ECARX Price Performance

The stock has a 50-day moving average price of $1.68 and a 200 day moving average price of $1.81. The company has a market cap of $561.00 million, a price-to-earnings ratio of -3.95 and a beta of 0.29.

ECARX (NASDAQ:ECXGet Free Report) last posted its quarterly earnings results on Monday, May 20th. The company reported ($0.12) earnings per share for the quarter. The business had revenue of $128.50 million during the quarter. Sell-side analysts expect that ECARX Holdings Inc. will post -0.27 EPS 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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