ECARX (NASDAQ:ECX) Stock Price Down 4%

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report)’s stock price dropped 4% during mid-day trading on Thursday . The stock traded as low as $1.62 and last traded at $1.67. Approximately 2,685 shares changed hands during trading, a decline of 98% from the average daily volume of 116,788 shares. The stock had previously closed at $1.74.

ECARX Price Performance

The firm has a market cap of $591.41 million, a P/E ratio of -4.17 and a beta of 0.32. The company has a fifty day moving average of $1.70 and a 200-day moving average of $1.69.

ECARX (NASDAQ:ECXGet Free Report) last posted its earnings results on Thursday, August 8th. The company reported ($0.12) earnings per share (EPS) for the quarter. The firm had revenue of $173.00 million for the quarter. On average, 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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