Leo Wealth LLC Sells 42,300 Shares of ECARX Holdings Inc. (NASDAQ:ECX)

Leo Wealth LLC decreased its stake in ECARX Holdings Inc. (NASDAQ:ECX) by 1.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,773,517 shares of the company’s stock after selling 42,300 shares during the period. Leo Wealth LLC owned 0.82% of ECARX worth $5,297,000 at the end of the most recent quarter.

ECARX Price Performance

NASDAQ ECX traded up $0.01 on Tuesday, hitting $1.86. 32,720 shares of the stock were exchanged, compared to its average volume of 108,016. The company has a market capitalization of $628.59 million, a PE ratio of -4.40 and a beta of 0.32. The business’s fifty day moving average is $1.79 and its 200 day moving average is $1.64. ECARX Holdings Inc. has a 52 week low of $0.96 and a 52 week high of $4.68.

ECARX (NASDAQ:ECX) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($0.12) EPS for the quarter. The company had revenue of $173.00 million during the quarter. Analysts predict that ECARX Holdings Inc. will post -0.27 EPS for the current fiscal year.

ECARX Profile

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.