ECARX Holdings Inc. (NASDAQ:ECX – Get Free Report) shares were down 5.1% on Tuesday . The company traded as low as $2.03 and last traded at $2.04. Approximately 944,936 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 1,849,991 shares. The stock had previously closed at $2.15.
ECARX Stock Down 1.6 %
The business’s 50 day simple moving average is $1.90 and its 200 day simple moving average is $1.81. The company has a market capitalization of $642.11 million, a PE ratio of -3.80 and a beta of 0.35.
Hedge Funds Weigh In On ECARX
A hedge fund recently bought a new stake in ECARX stock. Green Alpha Advisors LLC bought a new position in ECARX Holdings Inc. (NASDAQ:ECX – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 78,996 shares of the company’s stock, valued at approximately $167,000.
ECARX Company 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.
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