ECARX (NASDAQ:ECX) Shares Gap Up – What’s Next?

Shares of ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $1.60, but opened at $1.65. ECARX shares last traded at $1.65, with a volume of 323 shares changing hands.

ECARX Stock Performance

The firm’s 50 day moving average is $1.81 and its 200-day moving average is $1.66. The firm has a market cap of $554.24 million, a price-to-earnings ratio of -3.28 and a beta of 0.33.

About ECARX

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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.

Further Reading

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