ECARX (NASDAQ:ECX) Shares Up 10%

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) shares traded up 10% during mid-day trading on Friday . The company traded as high as $1.54 and last traded at $1.54. 132,268 shares changed hands during mid-day trading, an increase of 26% from the average session volume of 105,275 shares. The stock had previously closed at $1.40.

ECARX Price Performance

The stock’s fifty day moving average is $1.40 and its 200-day moving average is $2.06. The stock has a market cap of $462.99 million, a PE ratio of -3.33 and a beta of 0.09.

ECARX (NASDAQ:ECXGet Free Report) last announced its quarterly earnings results on Monday, May 20th. The company reported ($0.12) earnings per share (EPS) for the quarter. The firm had revenue of $128.50 million for the quarter. On average, sell-side analysts expect that ECARX Holdings Inc. will post -0.27 EPS for the current fiscal year.

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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