ECARX Holdings, Inc. (NASDAQ:ECX - Get Free Report)'s share price gapped up before the market opened on Wednesday . The stock had previously closed at $1.81, but opened at $1.96. ECARX shares last traded at $1.86, with a volume of 2,075,696 shares traded.
ECARX Trading Up 1.6%
The business has a fifty day moving average of $1.51 and a 200 day moving average of $1.79.
ECARX (NASDAQ:ECX - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.03). The company had revenue of $168.40 million during the quarter, compared to analyst estimates of $154.18 million. On average, analysts forecast that ECARX Holdings, Inc. will post -0.42 EPS for the current fiscal year.
Institutional Investors Weigh In On ECARX
A number of institutional investors have recently made changes to their positions in ECX. Virtu Financial LLC bought a new stake in shares of ECARX during the fourth quarter worth approximately $319,000. Renaissance Technologies LLC bought a new stake in shares of ECARX during the fourth quarter worth approximately $630,000. Barclays PLC bought a new stake in shares of ECARX during the fourth quarter worth approximately $348,000. XTX Topco Ltd acquired a new stake in shares of ECARX in the fourth quarter valued at approximately $52,000. Finally, Marshall Wace LLP acquired a new stake in shares of ECARX in the fourth quarter valued at approximately $245,000.
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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